To calculate cents per minute from dollars per hour:
\[ CPM = \frac{DPH}{60} \times 100 \]
Where:
Cents per minute is a unit of monetary value earned per unit of time, which in this case is cents and minutes, respectively. This is used less commonly than dollars per hour.
Let's assume the following value:
Using the formula:
Step 1: Divide the dollars per hour by 60:
\[ \frac{DPH}{60} = \frac{20}{60} \approx 0.3333 \]
Step 2: Multiply by 100 to get cents per minute:
\[ CPM = 0.3333 \times 100 = 33.33 \text{ cents} \]
Let's assume the following value:
Using the formula:
Step 1: Divide the dollars per hour by 60:
\[ \frac{DPH}{60} = \frac{15}{60} = 0.25 \]
Step 2: Multiply by 100 to get cents per minute:
\[ CPM = 0.25 \times 100 = 25 \text{ cents} \]
