Local Bond Conversion Rate Final.xlsx
Please fill all required fields
  Local Debt Reconciliation  
    INPUT FIELDS  
  Used to determine Currency Conversion into Willits Enter Annual
Rate:
 
  STEP 1: Your Wage Annual Wage:  
  STEP 2: Enter your Bond's Value (Purchase $100 worth of Bonds):  
Purchase Price (not the face value) is reconciled for payment.
  STEP 3:   Average Hours Worked Weekly  
    Debt Holder's Average Hourly Rate (based on 40 hr work week):  
  Hours (to be compensated (x) % Difference) :  
  Rate of Debt Compensation (RDC) or
Minutes Per Hour
 
STEP 4-8: Complete Fields to determine your Willit Compensation Rate:
Today's Date
  4 Date of Birth  
Calendar
Calendar
 
Age
  5 Life Span Expectancy/ Productive Age / or Retirement Age  
See: Compensation Rate Level (Select Next Tab Below)
6 Work Hardship Level (also consider desirability of the position)
  Work Level
 
       
7 Knowledge/Skill Level of Member
  Knowledge Level
 
8 Hierarchy
  Hierarchy
 
Divided by Remaining Years
FINAL Willit Compensation for Your Bonds, Stocks, Loans and Investments
               
  BOND CONVERSION EXAMPLE
 
  Example 1.  
    Pay Rate Bond Price Bond Qty
Willit Rate
Total Recoup  
  USD $ USA Bond   Converted Willit Rate  
  Person X 120,000.00 100 32.73  
  Person Y 35,000.00 100 112.22  
 
  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  
    Pay Rate minus expenses Bond Price Bond Qty Willit Rate Total Recoup
  Person X 120,000.00 100 32.73
  Person Y 35,000.00 100 112.22
 
  WILLIT AND STANDARD NEED PARTICIPATION  
  Person A  
  Hours
Willit Rate
Total Annual Hrs Standard Needs Estimate Annual Willit Hrs Annual Willits
  1 76.28 20
  40 X 52 weeks per week Annual SNE Hrs.
Remaining 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 -
 
 
 
 
Advancian