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UUID | 4ef8b35b-a1c6-11e6-9770-bc764e2038f2 |
This calculator comprises of weekly salary,Total stock return and the velocity of money.
Weekly salary calculator calculates the weekly salary as a product of the hourly rate by the number of hours worked in the week.
Example:weekly salary=40 hrs rate *20 total weekly hrs=800 ksh
The total stock return calculates the appreciation in the price plus any dividends paid,divided by the original price of the stock.
Example:Total stock return=(100(Ending stock price) - 20(Initial stock price))+2(dividends)/20(initial stock price)=4.1
The velocity of money calculator computes how fast money passes from one holder to another and it also computes the frequency at which unit of currency is used to purchase.
Example:Velocity of money=10(price)*180(real GDP)/30(money supply)=30
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