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A quick Excel time costing calculator

A quick Excel time costing calculator

Playing with TIME! – the Excel function: TIME(hour,minute,second)

Do you need to calculate how much your time costs to the very minute?

Here is a nifty little tool that you can copy into Excel and use right away:

time-formula01

 

In this example, I have assumed a rate of £50 per hour.

Just replace that figure in the formula in E3 to reflect your own rate.

As you add rows to your spreadsheet, just copy the formula in E3 down.

Enjoy!

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