How to calculate the daily rent amount
Based on how often the rent is currently due, here is how Cubbi calculates the daily rent amount:
Weekly: Weekly Rent Amount divided by 7 (eg $180pw / 7 = $25.7142857143)
Fortnightly: Fortnightly Rent Amount divided by 14 (eg $320pfn / 14 = $22.8571428571)
4 Weekly: 4 Weekly Rent Amount divided by 28 (eg $900p4w / 28 = $32.1428571429)
Monthly: Monthly Rent Amount multiply by 12 and divide by 365 (eg $800pcm x 12 / 365 = $26.301369863)
Note: If the 3rd digit after the decimal point is greater than 5, Cubbi will round the 2nd digit up. (eg $22.8571428571 will be rounded to $22.86)