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International Bond xChange Rate
Local Debt Reconciliation
Used to determine Currency Conversion into Willits
Your Wage Annual Wage:
Enter your Bond's Value (Purchase $100 worth of Bonds):
Purchase Price (not the face value) is reconciled for payment.
Average Hours Worked Weekly
Average Hourly Rate (based on 40 hr work week):
(to be compensated (x) % Difference) :
Rate of Debt Compensation (RDC)
Minutes Per Hour
Complete Fields to determine your Willit Compensation Rate:
Date of Birth
Life Span Expectancy/ Productive Age / or Retirement Age
See: Compensation Rate Level (Select Next Tab Below)
Work Hardship Level (also consider desirability of the position)
Knowledge/Skill Level of Member
Divided by Remaining Years
Willit Compensation for Your Bonds, Stocks, Loans and Investments
BOND CONVERSION EXAMPLE
Converted Willit Rate
If each individual invested all their income, based on each working 40 hours per week, they would essential accumulate the same in Willit Compensation.
However, if you take into consideration a minimum standard of living (example: approximate 31,000) for each household.
The household with more income will have more investment dollars available (See Example 2).
Example 2. - Real Life Example
WILLIT AND STANDARD NEED
Total Annual Hrs
Standard Needs Estimate
Annual Willit Hrs
40 X 52 weeks
Annual SNE Hrs.
If you take the standard work week hours of 40 per week,
devote Labor Hours toward
Standard Needs (Earned Equity Appx 20-10 hrs per week) and invest the remainder of your 40 hour work week towards Willits: Person A could earn $79,3331.20 Willits per year to spend in the iWaut market - and still have all their Standard Needs Met: Housing, Food, Communication Equipment, etc. Which means person A will be very competitive in the iWaut Markets -
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