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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
- (WW) Hours per Work Week
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 Math / Science
The Wage Calculator assumes a 2,080 labor hours per year, 12 months, 52 weeks and 40 labor hours per week.
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- Compound Interest: Computes the compounded interest on a fixed interest rate investment
- CAGR: Computes the compounded annual growth rate achieved on an investment.
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- Wage Calculator: Computes the annual, monthly and weekly pay amounts base on hourly wage and hours per week.
- Current Mortgage Rates:
- 30 Year Fixed Interest Rate: 7.07 %
- 15 Year Fixed Interest Rate: 6.48 %
- 7/6 SOFR ARM: [Invalid Constant]
