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  2. Numeric precision in Microsoft Excel - Wikipedia

    en.wikipedia.org/wiki/Numeric_precision_in...

    Excel maintains 15 figures in its numbers, but they are not always accurate; mathematically, the bottom line should be the same as the top line, in 'fp-math' the step '1 + 1/9000' leads to a rounding up as the first bit of the 14 bit tail '10111000110010' of the mantissa falling off the table when adding 1 is a '1', this up-rounding is not undone when subtracting the 1 again, since there is no ...

  3. What Are Basis Points (BPS)? - AOL

    www.aol.com/news/basis-points-bps-183517359.html

    A basis point is equal to a change of 0.01%, useful shorthand in an industry where fortunes … Continue reading ->The post What Are Basis Points (BPS)? appeared first on SmartAsset Blog.

  4. Basis point - Wikipedia

    en.wikipedia.org/wiki/Basis_point

    A related concept is one part per ten thousand, ⁠ 1 / 10,000 ⁠.The same unit is also (rarely) called a permyriad, literally meaning "for (every) myriad (ten thousand)". [4] [5] If used interchangeably with basis point, the permyriad is potentially confusing because an increase of one basis point to a 10 basis point value is generally understood to mean an increase to 11 basis points; not ...

  5. Microsoft Excel - Wikipedia

    en.wikipedia.org/wiki/Microsoft_Excel

    Microsoft Excel is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS.It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications (VBA).

  6. What Are Basis Points and How Do They Affect Your Banking? - AOL

    www.aol.com/finance/basis-points-affect-banking...

    When it comes to banking and finances, consumers often think in terms of whole numbers and round percentages -- a $25-per-month increase in an adjustable-rate mortgage, or a 2% increase in a bond...

  7. Mortgage and refinance rates for Oct. 25, 2024: Average rates ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    Rates on a 15-year mortgage stand at an average 6.07% for purchase and 6.08% for refinance, increasing 24 basis points from 5.83% for purchase and 20 basis points from 5.88% for refinance over the ...

  8. Day count convention - Wikipedia

    en.wikipedia.org/wiki/Day_count_convention

    The Actual/360 method calls for the borrower for the actual number of days in a month. This effectively means that the borrower is paying interest for 5 or 6 additional days a year as compared to the 30/360 day count convention. Spreads and rates on Actual/360 transactions are typically lower, e.g., 9 basis points.

  9. Federal Reserve cuts interest rates by 25 basis points - AOL

    www.aol.com/finance/fed-expected-cut-rates-again...

    The Federal Reserve cut interest rates by a quarter percentage point, avoiding any surprises just days after Donald Trump was elected president.. The central bank voted unanimously Thursday to cut ...

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