Sign in to follow this  
Followers 0
0q0

Converting Weekly To Per Calendar Month Pcm Rent

2 posts in this topic

[i]Confused about this, I trawled the web to get the answer. Here's what I found.[/i]

[b]
How to calculate weekly rent into per calendar month (pcm) rent ...[/b]

There are two ways, both of which arrive at the same result. The first way is to multiply the weekly rent by four then add one third of one week's rent. For example, for a weekly rent of £90 you would calculate 4 X £90 + £30 to get £390 per calendar month (£30 being one third of one week's rent).

The second way gets the same result, you multiply £90 by 52 (doh! that's 52 weeks in the year) then divide by 12 (doh! that's the months in the year). £90 X 52 = £4,680 divided by 12 = £390. Edited by The Last Bear

Share this post


Link to post
Share on other sites
Both methods seem fine to me.

The idea is that, on average, a month is four-and-a-third weeks long. This can be worked out by dividing the number of weeks in the year by the number of months, i.e. 52 / 12 = 4.333(333... to as many digits as your calculator can show!)

So, one way or another, multiplying the weekly rent by 4.333(333...) gives the monthly equivalent.

Sorry, I feel like I'm stating the obvious, but your solitary post seemed so lonely! :)

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0