Originally Posted by
georgetg
......Only after someone opened their eyes to compound interest over 30 years on a paycheck that is 2 weeks late did they consider presenting it to the company.
Its really only a "compound interest" gain on the difference between the larger amount and the smaller amount one time for that the two week period where the changeover occurs. After that it equalizes out. Your next check is that much less that you can compound for the next two week period, which the larger 30th pay the next month has to make up for in lost interest, and the process starts all over again.