Weekly to Monthly rent
By default, all rent payments in Cubbi are based from the weekly rent amount. Therefore all monthly rent is calculated using the following formula:
Weekly rent / 7 x 365 / 12 = Monthly rent amount
Example:
Weekly rent: $534.38
534.38 / 7 x 365 /12 = $2,322.00833
Monthly rent due in Cubbi: $2,322.01