Rent per calendar month is calculated by taking a provided value for rent per week and first converting to rent per year. Then, the rent per year is converted into rent per month.
Know MoreLandlords usually accept rent payments from tenants once per month. However, in some cases, apartment rents are advertised in blocks of time other than full months, necessitating a few mathematical conversions. When rent is advertised as a weekly price, multiplying by 52 gives a yearly price. Dividing the yearly price by 12 gives the monthly price. Given a rent of $200 per week as an example, $200 times 52 and then divided by 12 gives a monthly rent of $866.67.
Learn more in Household BudgetsChinese overtime is calculated at half of the employee's hourly wage for that week. Chinese overtime is also referred to as the "half-time method" of calculating overtime. A more professional and politically correct term is the fluctuating work week, or FWW, method.
Full Answer >According to Horowitz, Horowitz & Associates, the value of a claim under the Illinois Workers' Compensation Act is calculated based on five factors: the reported level of impairment, the occupation of the injured employee, the age of the employee at the time of the injury, the employee's future earning capacity and the evidence of disability in the medical records. No single factor can be used to calculate a value.
Full Answer >The compound annual growth rate, or CAGR, of an investment is calculated by dividing the ending value by the beginning value, taking the quotient to the power of one over the number of years the investment was held and subtracting the entire number by one. Then, turn the answer into a percentage from decimal form. The CAGR allows you to see an investment without all the ups and downs as if it had grown at an even, steady pace over the years.
Full Answer >The weight of an I-beam is calculated by taking the weight per meter (or foot) value and multiplying it by the total length of the beam. The weight per unit value is usually provided by a steel beam manufacturer.
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