Enter the base annual rate ($) and the net effective rent ($) into the Calculator. The calculator will evaluate the Rent Concession.

## Rent Concession Formula

RC = AR - NER

Variables:

• RC is the Rent Concession ($) • AR is the base annual rate ($)
• NER is the net effective rent ($) To calculate Rent Concessions, subtract the net effective rent from the base annual rent. ## How to Calculate Rent Concession? The following steps outline how to calculate the Rent Concession. 1. First, determine the base annual rate ($).
2. Next, determine the net effective rent ($). 3. Next, gather the formula from above = RC = AR – NER. 4. Finally, calculate the Rent Concession. 5. After inserting the variables and calculating the result, check your answer with the calculator above. Example Problem : Use the following variables as an example problem to test your knowledge. base annual rate ($) = 24,000

net effective rent (\$) = 20,000