Enter any two values (money earned, time spent, or your earnings rate) into the calculator to determine the missing value. The “Dollars to Minutes (DTM)” value is an earnings rate expressed as dollars per minute ($/min), with options to view it in $/hr or $/sec.
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Dollars To Minutes Formula
The following formula is used to calculate an earnings rate in dollars per minute, sometimes referred to as “Dollars to Minutes (DTM)”.
DTM = D / (T * 60)
Variables:
- DTM is the earnings rate in dollars per minute ($/min)
- D is the total amount of money earned ($)
- T is the total time spent in hours (hr)
To calculate the DTM rate in $/min, first convert the total time to minutes (if T is in hours, multiply T by 60). Then divide the total amount of money earned by the total minutes. The result is your value of time expressed as dollars per minute.
| Dollars per Hour ($/hr) | Dollars per Minute ($/min) | Dollars per Second ($/sec) |
|---|---|---|
| 10 | 0.167 | 0.0028 |
| 12 | 0.200 | 0.0033 |
| 15 | 0.250 | 0.0042 |
| 18 | 0.300 | 0.0050 |
| 20 | 0.333 | 0.0056 |
| 22.50 | 0.375 | 0.0063 |
| 25 | 0.417 | 0.0069 |
| 30 | 0.500 | 0.0083 |
| 35 | 0.583 | 0.0097 |
| 40 | 0.667 | 0.0111 |
| 45 | 0.750 | 0.0125 |
| 50 | 0.833 | 0.0139 |
| 55 | 0.917 | 0.0153 |
| 60 | 1.000 | 0.0167 |
| 65 | 1.083 | 0.0181 |
| 70 | 1.167 | 0.0194 |
| 75 | 1.250 | 0.0208 |
| 80 | 1.333 | 0.0222 |
| 90 | 1.500 | 0.0250 |
| 100 | 1.667 | 0.0278 |
| *Conversion factors: 1 $/hr = 1/60 $/min = 1/3600 $/sec. Base unit in calculator: $/min. | ||
What is Dollars To Minutes (DTM)?
Dollars to Minutes (DTM) is a way to express the value of time as an earnings rate (typically dollars per minute). It is often used in business or personal finance to estimate the cost or value of time spent on a task or activity. This can help in making decisions about how to allocate time and resources most effectively. For example, if a task takes an hour to complete and the person performing the task earns $20 per hour, the DTM value of that task would be approximately $0.33 per minute.
