Enter the hourly cost of arbitration ($/hr) and the total arbitration time (hrs) into the Arbitration Cost Calculator. The calculator will evaluate the Arbitration Cost.

## Arbitration Cost Formula

The following two example problems outline the steps and information needed to calculate the Arbitration Cost.

AC = HC * T

Variables:

- AC is the Arbitration Cost ($)
- HC is the hourly cost of the arbitration ($/hr)
- T is the total arbitration time (hrs)

## How to Calculate Arbitration Cost?

The following steps outline how to calculate the Arbitration Cost.

- First, determine the hourly cost of arbitration ($/hr).
- Next, determine the total arbitration time (hrs).
- Next, gather the formula from above = AC = HC * T.
- Finally, calculate the Arbitration 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.

hourly cost of arbitration ($/hr) = 200

total arbitration time (hrs) = 30

AC = HC * T** **= ?