Enter the contract value ($) and the contract rate ($/hr) into the Calculator. The calculator will evaluate the Contract Time.

## Contract Time Formula

CT = CA / CR

Variables:

- CT is the Contract Time (hrs)
- CA is the contract value ($)
- CR is the contract rate ($/hr)

To calculate the Contract Time, divide the contract value by the contract rate.

## How to Calculate Contract Time?

The following steps outline how to calculate the Contract Time.

- First, determine the contract value ($).
- Next, determine the contract rate ($/hr).
- Next, gather the formula from above = CT = CA / CR.
- Finally, calculate the Contract Time.
- 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.

contract value ($) = 500

contract rate ($/hr) = 30