How to Calculate Time and a Half?

Answer

There are several ways to calculate 'time and a half' which is the standard rate of pay for overtime hours. Simply multiplying the basic rate by 1.5 is the mathematical way. Adding half the amount again to the basic rate is the practical way. In either case, time and a half for $10 would be $15.
Q&A Related to "How to Calculate Time and a Half"
1. Determine your hourly pay. For example, $14 an hour. 2. Divide hourly pay into two. In the example, $14 divided by two equals $7. 3. Add your hourly page to the figure calculated
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Ah, the good old Rule of 72! In compound interest, divide the number 72 by the interest rate - no decimal points here. If the interest rate is 2%, divide 72 by 2 - your investment
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Multiply the hourly rate by 1.5.
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