Originally Posted by
Alan Shore
You divide the guarantee by the number of days in the bid period and multiply by the number of days you're NOT on vacation, CQ training, etc. Then add back the value of the absence.
80 / 30 * 16 = 44:16
Vacation = 14 * 3:15 = 45:30
Total pay = 89:46
And don't forget that you can use your bank to "fill up" also. If you are a young/junior guy, you really should fill your bank as soon as possible. Especially if you are a newhire or if you are going to upgrade anytime within the next year, or go to a higher paying seat. There is nowhere you can invest today, with the certainty of this technique and get the kind of return you will get, because remember that you take the time out of your bank at your current rate, not the rate at which you put it in....