To calculate the quarterly wage (QW):
QW=AI4
Where:
A quarterly wage is the amount of earnings a person receives in one financial quarter of a year. A financial quarter is defined as a period of 3 months.
Let's assume the following values:
Using the formula:
QW=800004=20000
The Quarterly Wage is $20,000.
Let's assume the following values:
Using the formula:
QW=1200004=30000
The Quarterly Wage is $30,000.