answersLogoWhite

0


Best Answer

no. even for 5 years, it isn't enough.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

14h ago

A 2 percent annual increase is a modest and reasonable amount for a contract increase over five years. It can help keep pace with inflation and potentially provide some growth in line with economic conditions. However, it's important to consider factors like current market trends and the specific circumstances of the contract to ensure that the increase aligns with expectations and goals.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is 2 percent a reasonable contract increase amount each year for 5 years?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What's a reasonable down payment when hiring a roofing contractor?

As per law, the reasonable down payment for a roofing contractor will be 10 percent of the contract price or one thousand dollars whichever is the lesser amount


How do you get percent of increase?

Amount of increase ________________ Original #


How many years can an NFL contract be for - What is the maximum percent that can be paid in bonuses - Is there a limit in the amount the base salary can increase from year to year?

7 years


How do you a multiplier to calculate a percentage increase?

percent increase=(new amount-original amount) _____________________ original amount


What percent increase is 500 to 100000?

Percentage increase = (increase-original amount)/(original amount) times 100


What is the increase of an amount by 20 percent?

The amount multiplied by 1.2


What is an increase or decrease given as a percent of the original amount?

Percent Change!


Find the percent of increase when the original amount is 20 and the new amount is 30 round to the nearest percent if necessary?

20 to 30 is a 50% increase.


If 100 is increased to 120 what is the percent of increase?

The amount of increase is 20. The percent increase is 20/100 X 100 = 20%


How do you increase an amount by 49 percent?

multiply the amount by 1.49


What is the percent increase and decrease?

percent increase and decrease is how much percent it had increased from a certain amount of number, like discounts and markups


What does it mean for the Percent of increase equals 100 percent?

The original amount is doubled