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Author Topic: How did DemGaz come to that conclusion?  (Read 1793 times)

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Donny2665

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Re: How did DemGaz come to that conclusion?
« Reply #50 on: October 12, 2017, 03:00:25 pm »

I did, and I don't see where this addresses any possible extensions.  By definition, the extension added 24 months to the original contract.  So the "Contract Term" now becomes 8 years not 6.  You have to use 96 months to get to the $5.9MM number that the articles reported.  Using 72 months gets you $7.98MM at December...

I can see the argument both ways on this, regardless, the new calculation is much less than  what we originally thought.

$15,400,00.00/96 months is $160,416.67 X 25 months left if fired Dec. 1st = $4,010,416.75. I'm not seeing how you come up with your buyout amounts by using the 96 months.
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Hog-Corleone

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Re: How did DemGaz come to that conclusion?
« Reply #51 on: October 12, 2017, 03:04:03 pm »

$15,400,00.00/96 months is $160,416.67 X 25 months left if fired Dec. 1st = $4,010,416.75. I'm not seeing how you come up with your buyout amounts by using the 96 months.

Because there will be 37 months left in December, not 25.  It goes through December of 2020.
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DoctorSusscrofa

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Re: How did DemGaz come to that conclusion?
« Reply #52 on: October 12, 2017, 03:05:48 pm »

It only thiiiiiiiiiiiiiiiiiiiiis loooooooooooooong for us to figure out the contract.
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Rzback

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Re: How did DemGaz come to that conclusion?
« Reply #53 on: October 12, 2017, 03:13:48 pm »

Try common core math, he may owe us.
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factchecker

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Re: How did DemGaz come to that conclusion?
« Reply #54 on: October 12, 2017, 03:15:07 pm »

Try common core math, he may owe us.

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PorkSoda

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Re: How did DemGaz come to that conclusion?
« Reply #55 on: October 12, 2017, 03:19:46 pm »


that's how I did math in my head long before common core was a thing.  I hated having to write out the equation like the top example and always got in trouble for just putting the answer. I guess some people just learn differently.

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Donny2665

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Re: How did DemGaz come to that conclusion?
« Reply #56 on: October 12, 2017, 03:49:22 pm »

Because there will be 37 months left in December, not 25.  It goes through December of 2020.
Correct you are sir! I was going to the end of 2019.
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Großer Kriegschwein

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Re: How did DemGaz come to that conclusion?
« Reply #57 on: October 12, 2017, 07:09:58 pm »

that's how I did math in my head long before common core was a thing.  I hated having to write out the equation like the top example and always got in trouble for just putting the answer. I guess some people just learn differently.

Because our minds are cocked up doesn’t mean that Delta’s has to be all......


Just never mind.

Carry on Rain Man.
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