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Default creating a time formula

I need to know how and if this can be done. I have 3 columns one is for
total hours worked then the other is the rate of pay per hour the last is
total pay. In the total pay I want it to take the total hours worked times
the pay rate and give me the total. The problem is that some hours worked
come out to 5 and 1/4 hours or 3/4 or half what is the formula I can use to
figure out the hours and minutes worked? if it is even hours there is no
problem only when dealing with the minutes. Can anyone point me in the right
direction Please.

Thank you so much.
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