Save an equation to run it later quickly. Add values as Constants or Variables, select operators, use parentheses to control computation order, and easily edit with a drag-and-drop interface.
An elementary example: Paycheck = Hours Worked * Hourly Wage.
- Your Hourly Wage usually won't change, so we enter a value of 15 (for $15/hour)
- The Hours Worked will change week-to-week, so we'll assign this variable "HoursWorked."
Paycheck = HoursWorked * 15
Equation Saver will allow you to enter your hours, click a submit button, and give you an expected paycheck amount.
Let's say, in the previous example, you wanted to account for taxes. We'll assume 30% will go to taxes.
To figure 30% of the money earned in the pay period, we'll do: (HoursWorked * 15 * 0.3)
. Then we take what we had before and subtract this 30%. Paycheck = HoursWorked * 15 - (HoursWorked * 15 * 0.3)
For this equation, once you set it up, you only have to enter a value for the HoursWorked to calculate the next paycheck's amount. The simplicity of not having to enter this all into a calculator is what Equation Saver is intended for.
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