The formulas used in the calculations are:
\[ T = N \times P \]
\[ V_t = \frac{T}{M} \]
This calculator computes the velocity of money based on the input values of the price index, volume of transactions, and money in circulation.
Let's assume the following:
Calculate the sum of all transactions:
\[ T = 15 \times 6 = 90 \]
Calculate the velocity of money:
\[ V_t = \frac{90}{30} = 3 \, \text{per year} \]
