Enter the current monthly rent rate ($) into the calculator to determine the Fortnightly Rent Rate.

## Fortnightly Rent Rate Formula

The following formula is used to calculate the Fortnightly Rent Rate.

**Rfn = Rm / 2**

- Where Rfn is the Fortnightly Rent Rate ($)
- Rm is the current monthly rent rate ($)

## How to Calculate Fortnightly Rent Rate?

The following example problems outline how to calculate Fortnightly Rent Rate.

**Example Problem #1:**

- First, determine the current monthly rent rate ($). In this example, the current monthly rent rate ($) is given as 1200.
- Finally, calculate the Fortnightly Rent Rate using the equation above:

Rfn = Rm / 2

The values given above are inserted into the equation below:

Rfn = 1200 / 2 = 600 ($)

**Example Problem #2: **

The variables needed for this problem are provided below:

current monthly rent rate ($) = 2700

Entering these values and solving gives:

Rfn = 2700 / 2 = 1350 ($)