Help rent does not add up

aav

Hi I am living instudent accommodation in Southampton. I was told the rent was £73pw which works out at £292pm and £3504 per year. But my landlord is charging me more money. She said there are 52 weeks in a year so
£73 x 52 weeks works out at £3796 so thats £79pw. How does that work out. I was told I would be paying £73pw which is quite alot for student accommopdation in the first place not £79. Is this right? Some help would be great thanks.

Mumstheword

292pm is 4 x 72, but there is about 4 and a half weeks in each month.


She is right. £73pw = £3796pa = £316.33pm. If you want to pay 4 lots per month, thats £79 x4 . But you would only be paying on 4 x 12 = 48 weeks of the year.

If you want to pay each week it would be £73 x 52 weeks.


£73 x 52 = £79 x 48 = £3796


She's not conning you!

titewad_2

Mumstheword wrote:

292pm is 4 x 72, but there is about 4 and a half weeks in each month.


She is right. £73pw = £3796pa = £316.33pm. If you want to pay 4 lots per month, thats £79 x4 . But you would only be paying on 4 x 12 = 48 weeks of the year.

If you want to pay each week it would be £73 x 52 weeks.


£73 x 52 = £79 x 48 = £3796


She's not conning you!

That's what I got it to aswell.I hope the OP isn't studying maths

Mumstheword

titewad wrote:

I hope the OP isn't studying maths

I did, so hope no-one comes along and corrects me, lol!!

aav

Al_Mac wrote:

Out of interest, what are you studying?

No I am not studying maths I doing law.

F_T_Buyer

It depends what it says in your contract, my student digs were specificied at 40 weeks, and we had to pay a summer retainer. It really does depend what it says in your contract.

seven-day-weekend

If you pay £73 pw, and you want to pay monthly, you will have to pay 13 times per year, as there are more than 4 weeks in a calendar month.

If you pay every 4 weeks, that is only 48 weeks. Instead, you pay by calendar month, which is 30 or 31 days (only February has 4 x7 = 28 days).

73 x 52 / 12 =316 pcm
or 73x 52 = 3796 pa

ukmonkey

I usually work to there being [on avg] 4.3 wks in a month, HTH's!

Byrneand_2

I'm glad to see that the rumour that anyone can do a law degree (at some institution) independent of intellect is certainly not true!

clutton_2

i was approached by a private tenant last week, whose current landlady does not understand this either !!!! the tenant is being harrassed for £45 more money each month, and so i gave her the breakdown as above, and i advised her to go to her Council Housing Department for help if this landlady does not stop harrassing her !!! Its not exactly rocket science is it ?

Debt_Free_Chick

Oh come on MSEers - leave out the jibes about ability to do sums and "intellect" (which has nothing to do with numeracy, anyway).

Very many young people have problems with this type of thing, simply because they've never encountered it before. A lack of knowledge or understanding of the principle does not mean that AAV is innumerate and certainly has no impact on his/her suitability to study for a law degree. The course will settle whether he/she is good enough to be a lawyer.

Be NICE