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> Using this philosophy I've increased my income by $48k per year in the 5
> years since leaving college.
I realize that many of the responses to this have been made with tongue
firmly planted in keyboard, but this statement *is* totally unambiguous.
Income (like velocity) is a rate, but some of you have confused it with a
rate of increase in rate (like acceleration). Income is reported in $/yr or
similar units.
If your income increases by $48K/yr in five years, then your income at the
end of the five years is $(base + 48K)/yr, where $base/yr was your income at
the start of the period.
If the final figure is $(base + 240K)/yr, then your incomed increased
$48K/yr/yr. ...RM
