Calculate daily rent - 4 weekly rental payment
See the working below on how to calculate the daily rent for 4 weekly rental payments
To calculate the daily rent you will need to do the following:
4 weekly rent amount, for example £369.23 P4W
£369.23 x 13 lunar months (13 x 4 week periods in year) = £4799.99
£4799.99 divided by 365 days = £13.15 (to 2 decimal places)
£13.15 is the Daily Rent.
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