Desperate looking for a CCTV storage calculation formula ?

There are more theory about CCTV storage calculation, but if you are
really crazy about math and want to see the formula, here you go....
Storage = ( (cam_bitrate/8) * 3600 * 24 * Qty_cam * Qty_days ) /1G

 Storage =  amount of space in GB (Gigabytes)

 cam_bitrate = Camera bandwidth
 8 = to convert from bits to Bytes
 3600 = to convert from seconds do hour
 24 = to convert from hour to day
 Qty_cam = Total number of cameras
 Qty_days =Total number of days
 1G = Divide by 1 Gig (1,000,000,000) to convert from KB to GB 

OMG.,,, It's a big formula, isn't it ? Don't worry that's easy stuff, just
take a look at the example and you will understand how to use this
formula.
Storage calculation formula example 01
1 camera with bitrate of 1024 Kbps recording for 1 day
Storage = ( (1,024.000/8) * 3600 * 24 * 1 * 1) / 1,000,000,000 
Storage = 11 GB

Storage calculation formula example 02

10 cameras with bitrate of 2048 Kbps recording for 30 day
Storage = ( (2,048.000/8) * 3600 * 24 * 10 * 30) / 1,000,000,000 
Storage = 6,635GB  (or 6.35 TB)
So how was that storage calculation formulla ? Did you understand it ?
I'm using the camera bitrate for the calculation, that means I know how
much bandwidth the camera is using for the quality it was configured
for.   
In the example number 1, the camera bitrate is 1024Kbps, that means
it is using around 1,024,000 bps or 1Mbps to record the video.
In the example number 2, the camera bitrate is 2048Kbps, that means
it is using around 2,048,000 bps or 2Mbps to record the video.
In the second example the camera uses more bandwidth (and storage)
because probably its configured to to have higher video quality.