jculler8
UKC Forum Member
Registered: Sep 2007
Location: Western Pa
Posts: 3377 |
Here's a HIGH SCHOOL math teacher with a logical proposition for the program at its birth: (hypothetically speaking)
Year 1: $1,000,000 into the pot between sire, litter and pup registration, no pay out or very little because pups are too young to win. Compounding interest on the account.
Year 2: another $1,000,000 in the pot and 25% of total is paid out at the end of year 2. (Dogs are just becoming old enough to really earn).
Year 3: 2point max cap, with another$1,000,000 in the pot. So $1.5 mil from previous 2years plus $1 mil this year for a total of $2.5 mil, not counting interest. Payout 75% at the end of year 3 and continue to compound, so 8 year old dogs earning points down the road do not deplete the program's point value.
Year 4: there's $1.875 mil plus whatever the program has grown to in the pot collecting annually and pay out 110% of year's premium.
Problem solved?
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