Yearly income of 200k, so netting 140k after taxes/SS, which makes the fine equivalent to 70k?
Paid over 25 years, so $2800/year?
Factoring depreciation due to inflation @2%/year, you're at $55.5k total and an effective average annual payment of $2200/year or $183/month. On a salary of 200k.
Yeah, I'm going to say that's not a big deal. That's less than the cheapest health insurance in the country.
Paid over 25 years, so $2800/year?
Factoring depreciation due to inflation @2%/year, you're at $55.5k total and an effective average annual payment of $2200/year or $183/month. On a salary of 200k.
Yeah, I'm going to say that's not a big deal. That's less than the cheapest health insurance in the country.