• Rm is the current monthly rent rate ($) ## How to Calculate Fortnightly Rent Rate? The following example problems outline how to calculate Fortnightly Rent Rate. Example Problem #1: 1. First, determine the current monthly rent rate ($). In this example, the current monthly rent rate ($) is given as 1200. 2. Finally, calculate the Fortnightly Rent Rate using the equation above: Rfn = Rm / 2 The values given above are inserted into the equation below: Rfn = 1200 / 2 = 600 ($)

Example Problem #2:

The variables needed for this problem are provided below:

current monthly rent rate ($) = 2700 Entering these values and solving gives: Rfn = 2700 / 2 = 1350 ($)