A parsec is a unit of distance, not of time.
You clearly have not watched a sufficient number of bad science fiction movies.
My first real computer exposure, through the IBM school discount obsolete equipment time warp, was 1620 Model 1. Core memory for this model was I believe in an oil bath with a heater, and required upwards of 20 minutes to get to operating temperature after cold power-on.
Arithmetic in Model 1 was by table lookup from tables loaded into specified memory locations. I believe Model 2 used an actual ALU rather than table lookup.
1620 required 1 memory location per decimal digit; 2 memory locations per alphanumeric character. The disk monitor that we usually used, required typing branch instruction 4900796 into the console typewriter. 1620 punched card in/out was to programmer chosen memory locations.
The contemporaneous IBM 1401 represented alphanumeric card data in one memory location per card column, 6 bits plus Check (parity) and Flag (delimiter bit for variable length fields). Card and print in/out was to fixed memory regions, card input to locations 1-80, constituting a "card image" in the specific BCD encoding. Some of these machines served as card/tape and tape/print machines alongside expensive wide word "scientific" machines like 7094 (which I never used) that usually worked tape-to-tape.
After any salary raise, you will have less money at the end of the month than you did before.