To calculate the Rate Per Word (RPW):
\[ RPW = \frac{C}{W} \]
Where:
Rate Per Word (RPW) is a measure used to determine the cost per word for written content. This metric is useful for freelancers, writers, and clients to understand the pricing structure for content creation services.
Let's assume the following values:
Step 1: Use the RPW calculation formula:
\[ RPW = \frac{200}{1000} = 0.20 \text{ \$/word} \]
The Rate Per Word is $0.20 per word.