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In Chinese, the prepositions "按" (àn) and "按照" (ànzhào) are used to indicate a basis or standard for an action or calculation. They can often be translated as "according to" or "based on" in English.
In this sentence, "按" indicates the basis on which the rent is calculated.
Usage of "按照":
In summary, both "按" and "按照" serve to express actions taken based on a certain standard or guideline, with "按照" being more formal and often used in written contexts.