Thread: Vacation AIP
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Old 11-14-2022 | 02:32 PM
  #62  
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capncrunch
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Originally Posted by Herkflyr
You mean compound interest--also known as "Time Value of Money"--is a real thing? You wouldn't know it when reading some angry posts here (usually accompanied by a liberal sprinkling of "Moakie"). TVM is routinely dismissed--until we want to bring up compounded pay raises for the FAs.

That too, is a FACT.
The TVM folks never calculate the Time Value of Concessions.
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