ACT/360: Difference between revisions

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imported>Doug Williamson
(Note 'days in an interest period' expressly.)
imported>Doug Williamson
(Generalise to cover discounts as well as interest.)
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A day count convention which calculates actual days in an interest period, over a 360-day conventional year.
A day count convention which calculates actual days in a time period, over a 360-day conventional year.





Revision as of 13:05, 14 December 2015

A day count convention which calculates actual days in a time period, over a 360-day conventional year.


See also