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.

- First, determine the base annual rate ($).
- Next, determine the net effective rent ($).
- Next, gather the formula from above = RC = AR - NER.
- Finally, calculate the Rent Concession.
- 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