I didn't answer all your questions. Dates and times in Excel are represented as decimal numbers. Hours, minutes, and seconds are fractional parts of a day
A full 24-hours, one day, is 1.0. Twelve hours, a half-day, is 0.5.
One hour is one twenty-fourth of a day. As an Excel formula, that's =1/24 or ~0.04167.
One minute is one sixtieth of an hour, =1/24/60 or =1/1440 or ~0.000694.
One second is one sixtieth of a minute =1/24/60/60 or 1/86400 or ~1.157E-05.
You have to calculate times as fractional parts of a day. To convert 15 minutes to an Excel time:
15 min ÷ 60 min/hr ÷ 24 hr/day
or
15 min ÷ 1440/day
Excel formula:
=15/1440
Working with time in Excel starts off being a pain. The pain subsides and working with times becomes an annoyance. It sharpens to being a g*****n annoyance when you know how easy working with times and timestamps are in Unix and Linux (Google "Unix epoch").