0q0 Posted September 27, 2007 Share Posted September 27, 2007 (edited) Confused about this, I trawled the web to get the answer. Here's what I found. How to calculate weekly rent into per calendar month (pcm) rent ... 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 September 27, 2007 by The Last Bear Quote Link to comment Share on other sites More sharing options...
Ologhai Jones Posted October 1, 2007 Share Posted October 1, 2007 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! Quote Link to comment Share on other sites More sharing options...
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