Supposing that A1 houses a true time value like 8:25 (formatted as
[h]:mm)...

=A1*24*HourlyRate

Bel wrote:
When calculating hourly pay, I need to change the format of h:mm to number,
then time hourly rate. For example: 8 hrs & 25 mins. I need to turn 25min
into 0.42hrs.
8.42 hrs*10= $84.20