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`P = f( HPR ) `

Enter a value for all fields

The Wage Calculator calculator computes gross annual, monthly, semi-monthly and weekly pay based on an hourly wage.

**INSTRUCTIONS**: Choose units and enter the following:

- (
**HPR**) Hourly Pay Rate

**Pay (P): **The calculator returns the pay amount in U.S. dollars. However, this can be automatically converted to compatible units via the pull-down menu.

The Wage Calculator assumes a 2,080 labor hours per year, 12 months, 52 weeks and 40 labor hours per week.

**Annualized Amortization**- computes the monthly payment of a fixed interest rate loan (e.g. home mortgage).**Credit Card Equation**- computes the number of months to pay off a credit card.**Affordable Borrowing Amount**: - compute the amount of principal one can borrow based on monthly payment.**Leverage Ratio**- calculates a ratio describing debt to income.**Cash Flow**- calculates the difference between income an expenses**Compound Interest**- computes the compounded interest on a fixed interest rate investment**CAGR**- computes the compounded annual growth rate achieved on an investment.**Present Value**- computes the present value of a fixed annuity.**Future Value**- computes the future value of a fixed annuity.**Rule of 72**- provides a quick estimate on time to double an investment**Simple Interest Earned**- a rough estimate on interest earned over time.**Wage Calculator**- Computes the annual, monthly and weekly pay amounts base on hourly wage.- Hourly Pay to Salary: Computes daily, weekly, monthly and annual salary from an hourly pay rate.