Skip to Content
0
Jan 03, 2012 at 03:27 PM

F.24 & 360 days in a year

22 Views

hey,

how does the system work with the interest calculation with a 360 day calendar.

if at the end of 2011, an item of 09.05.11 is considered, the interest is calculated on 231 days (while there are 236 between 09.05 & 31.12), while an item of 31.07.11 is considered, the interest in calculated on 150 days (while there are 153 between 31.07 & 31.12)

kr

Nico