Have I paid right?

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  • Mrs Mug
    replied
    Originally posted by Nutrance View Post
    Surely a Large Estate agents would know!
    Go and have a read of the "Lettings Agents Forum" for an education about lettings agents.

    Leave a comment:


  • Nutrance
    replied
    Surely a Large Estate agents would know! But then again......

    Leave a comment:


  • Mrs Mug
    replied
    Originally posted by Nutrance View Post
    The letting agent could have told me what i had to pay though lol..
    What makes you think they know how to calculate the right amount?

    The good news is that you were only out by £7.

    Leave a comment:


  • Nutrance
    replied
    Yeah i thought so.....I took as a month not the whole year figure etc... The letting agent could have told me what i had to pay though lol..

    Thanks though ill ring them tomorrow, being as they havent contacted me yet to say i owe them some money!

    Last edited by Nutrance; 06-12-2011, 20:32 PM. Reason: bad grammar!

    Leave a comment:


  • theartfullodger
    replied
    You'd be better off deciding the inconvenience was in February, then on the basis of your logic that would be only £253:15 .. ((550*12*14)/365).,...

    Leave a comment:


  • Ericthelobster
    replied
    Originally posted by Nutrance View Post
    [...]
    18.08 x 30 = 542.3 (30 days in November)

    18.08 x 14 = 253.12 (the two weeks i get free)

    542.3 - 253.12 = 289.18 Which is how much i paid.
    No your method is fundamentally wrong, in the sense that it is based around you paying a different amount for the calendar month of November (£542.30) than the actual amount (£550.00).

    Leave a comment:


  • Nutrance
    replied
    How i worked it out

    Well I did it like this (rounded).....

    550 x 12 = 6600 Annual rate after 12 payments

    6600/365 = 18.08 Daily rate.

    18.08 x 30 = 542.3 (30 days in November)

    18.08 x 14 = 253.12 (the two weeks i get free)

    542.3 - 253.12 = 289.18 Which is how much i paid.

    Leave a comment:


  • Mrs Mug
    replied
    Originally posted by Nutrance View Post
    Ill let you know what i paid when you give me the answer
    So how much did you pay?, and how much did you think you should have paid?

    Leave a comment:


  • Banzai
    replied
    £296.15384615384615384615384615385 (Roughly)

    Leave a comment:


  • jta
    replied
    Ha ha, when I was a kid I was once encouraged to be an accountant, good job I didn't take it up as the country would have been bankrupt a lot earlier.

    Leave a comment:


  • Mrs Mug
    replied
    Originally posted by Nutrance View Post
    Hi would you mind telling me how you worked it out?
    £550 - £(((550 x 12) / 365) x 14)

    £550 - £253.15 = £296.85

    Leave a comment:


  • ram
    replied
    £550 x 12 months divided 52 weeks x 2 weeks = £ 253.84

    So 550-253.84 = £ 296.16 rent to be paid. ( Not 253 )

    Question was how much monthly rent do I have to pay, and not how
    much is 2 weeks rent.

    Typical exam question, !

    Leave a comment:


  • PaulF
    replied
    I think this was a tongue-in-cheek reply as you can work it out for yourself. You've got 10 fingers and 10 toes should you need them. Are you really that dim? It's so easy I am laughing.

    Leave a comment:


  • jta
    replied
    Hmm! I make it 253.16.

    Leave a comment:


  • Nutrance
    replied
    Originally posted by Mrs Mug View Post
    £296.85 ......
    Hi would you mind telling me how you worked it out?

    Leave a comment:

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