rent is 650, new resident will move in June 16, however, in order to convince him to move in you had to give him 1/2-month rent free assumed a 30 day month.
I divide 650/30 and i get =21.666666667 x 16= 346.66666667, but I's not coming out right. Can you please help me. THANK YOU SO VERY MUCH!
What is your question?
A long-term resident moves out of apartment #35 on the last day of May because they are unhappy with their neighbor, and later a new resident takes possession on June 16. Rent is $650. You begin to wonder what the total economic cost of the vacancy was. In order to convince the resident to sign a lease, you had to give him a 1/2-month rent-free lease concession (assume a 30 day month). what was the lost amount of rent?
I divide 650/30 and i get =21.666666667 x 16= 346.66666667, but I's not coming out right. Can you please help me? "I really appreciate your help".
Also, how do you shorten these long decimal numbers?? Again, thank you.
16 - 30 = 1/2 month
650/2 = $325
Thank you so much Ms. Sue.
How can I also get the (per day) cost in the Apt, if I needed to. I tried it all I got all these long decimal #s, example: 21.666666667.
16 - 30 = 1/2 month
650/2 = $325
Again, thank you for your much needed help.
650/30 = 21.67 per day
When working with money, round to the nearest cent.
"I don't know you, but you're a great human being".
I can tell you from the heart that if it wasn't for generous and kind people like you who have the brilliant brain for numbers; and what's more, who is generous enough, to share it with those of us who are less fortune, our lives would surely be in ruins. Simply put, thank you!
Thank you for the kind words.
You are very welcome.