How much does the seller owe the buyer in prorated rent if the rental property is sold on the 6th of September and rents for $2,800 per month?

To determine the prorated rent that the seller owes the buyer when the property is sold on the 6th of September, we first need to calculate the daily rent amount based on a monthly rent of $2,800. A typical month is considered to have 30 days for prorating purposes.

1. Calculate the Daily Rent:

The monthly rent is $2,800. Dividing this by 30 days gives us the daily rent:

[

\text{Daily Rent} = \frac{2800}{30} \approx 93.33

]

2. Determine the Number of Days Owed:

Since the property is sold on the 6th, the seller is responsible for the rent from the 1st of September up to the day of the sale (the 6th). This is a total of 5 days.

3. Calculate the Prorated Rent:

Now, we multiply the daily rent by the number of days the seller is responsible:

[

\text{Prorated Rent} = 93.33 \times 5 = 466.65

]

This calculation shows that the total the seller owes the