I like your rule of thumb! I'll save that in my estimate sheet for sure!
By that metric, I should have gone at: 1*($1,000)+0.5*($1,000)+48*0.25*($1,000)=$13,500
Though if I go a little lower to 20% after the first 2 it becomes: 1*($1,000)+0.5*($1,000)+48*0.20*($1,000)=$11,100
While I find the...