TERRA Cost Savings
Interest Float Savings
Assumed Variables
Hours Per Month
Benefit Package
Monthly Total
Yearly Total
6,900,000.00
82,800,000.00
Bank Interest Rate
Total Yearly Interest
1,656,000.00
Extra Days In Bank
Monthly Interest
138,000.00
Daily Interest
4,600.00
Number of Contractors
Postage Cost
Print Cost
Realized Interest Savings
Monthly Interest Gain
$27,600.00
Yearly Interest Gain
$331,200.00
Postal Savings
Below is the values for remittance report printing costs, and postal costs per contractor per month.
Monthly
$21.00
Yearly
$252.00
Print Savings
Monthly
$37.50
Yearly
$450.00
Total Print, Postal and Interest Savings
$331,902.00
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