Enter the total time of agreement (hrs) and the hourly rate ($/hr) into the Calculator. The calculator will evaluate the Agreement Cost.

## Agreement Cost Formula

AC = T * HR

Variables:

- AC is the Agreement Cost ($)
- T is the total time of agreement (hrs)
- HR is the hourly rate ($/hr)

To calculate Agreement Cost, multiply the agreement time by the hourly rate.

## How to Calculate Agreement Cost?

The following steps outline how to calculate the Agreement Cost.

- First, determine the total time of agreement (hrs).
- Next, determine the hourly rate ($/hr).
- Next, gather the formula from above = AC = T * HR.
- Finally, calculate the Agreement Cost.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

total time of agreement (hrs) = 300

hourly rate ($/hr) = 70