365-day calendar

From Wikipedia, the free encyclopedia

A 365-day calendar consists of exactly 365 days per year (no leap days), and is primarily used in computer models[1] and as an assumption in every-day calculations. For example, a calculation of a daily rate may use an annual total divided by exactly 365.

Interest rates in some banks are calculated using a 365-day calendar.[2]

Other 365-day calendars

See also

References

  1. Such as in the NetCDF CF conventions – http://cf-pcmdi.llnl.gov/documents/cf-conventions/1.5/ch04s04.html#calendar
  2. "Determining Bond and Treasury Bill Prices and Yields". Government of Canada Securities, Department of Finance. 


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