I have recently taken over a web development project for a local car rental company and need help finding out how to calculate the Daily, Weekly, and Monthly cost of a vehicle.
The previous developer used a plugin that allowed you to create "Pricing Schemes" where you define a day range and its price:
19.99/day, 99.99/week, 299.99/month:
Day 1-5 = $19.99
Day 5-6 = $16.665
Day 6-7 = 14.284
Day 7-8 = $14.9975
and so on...
Sadly the developer left no notes on how he got these numbers and each pricing scheme he made only extends to the 31st day. Which causes an issue when a user wants to rent a car for longer than a month (Which is common).
What I need help finding out is the equation he used to get these numbers so I can add on to the pricing schemes and create others if the need arises. I will add a screenshot of a full pricing scheme for reference below.
Any help with this would be greatly appreciated and I will be available to answer any questions if my question is not clear enough. Thank you!