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The 30/360 calculation is listed on standard loan constant charts and is now typically used by a calculator or computer in determining mortgage payments. This method of treating a month as 30 days and a year as 360 days was originally devised for its ease of calculation by hand compared with the actual days between two dates.
The number of days between two dates, which is simply the difference in their Julian day numbers. The dates of moveable holidays, like Christian Easter (the calculation is known as Computus) followed up by Ascension Thursday and Pentecost or Advent Sundays, or the Jewish Passover, for a given year. Converting a date between different calendars.
If date A falls on the 30th of a month after applying (2) above and date B falls on the 31st of a month, then date B will be changed to the 30th. All months are considered to last 30 days and hence a full year has 360 days. ISDA method [14] [10] [11] [12] If date A falls on the 31st of a month, then date A will be changed to the 30th.
Lilian dates can be used to calculate the number of days between any two dates occurring since the beginning of the Gregorian calendar. It is currently used by date conversion routines that are part of IBM Language Environment (LE) software [2] and in IBM AIX COBOL. [3] The Lilian date is only a date format: it is not tied to any particular ...
The Rata Die method works by adding up the number of days d that has passed since a date of known day of the week D. The day of-the-week is then given by (D + d) mod 7, conforming to whatever convention was used to encode D. For example, the date of 13 August 2009 is 733632 days from 1 January AD 1. Taking the number mod 7 yields 4, hence a ...
The Julian date (JD) of any instant is the Julian day number plus the fraction of a day since the preceding noon in Universal Time. Julian dates are expressed as a Julian day number with a decimal fraction added. [8] For example, the Julian Date for 00:30:00.0 UT January 1, 2013, is 2 456 293.520 833. [9]
This template will return a number in days if the date given is less than 60 days away; otherwise, it will return a number in months, so that it does not return large numbers of days that are probably not very useful, which can sometimes be in the thousands.
Applying the Doomsday algorithm involves three steps: determination of the anchor day for the century, calculation of the anchor day for the year from the one for the century, and selection of the closest date out of those that always fall on the doomsday, e.g., 4/4 and 6/6, and count of the number of days between that date and the date in ...