If I rent office space that is 75 sq. ft for $14.00 per sq. ft. annually, what would the rent work out to be on a daily basis?
2007-06-08 10:45:54 · 4 answers · asked by Mischelle S 1 in Business & Finance ➔ Renting & Real Estate
Daily? Usually done monthly.
75x14 = $1050 per year.
Divide by 12 for monthly
Usually divide by 360, or 365 for daily.
2007-06-08 10:52:13 · answer #1 · answered by Mike1942f 7 · 0⤊ 0⤋
75 sq ft times $14 equals $1050 then divide by 365 and that equals $2.876712 or $2.88 round up to the nearest 10th. Of course if its a leap year then it would come out to $2.868852 or $2.87 rounded up to the nearest tenth. CHEAP RENT!
2007-06-08 17:54:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
$75 x 14 / 365 = $2.80 daily
2007-06-08 17:53:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
what are you renting, a closet?
14 x 75 = 1,050
1050/365 = 2.88/day.
2007-06-08 17:54:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋