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Relationship between the current Sexagenary cycle and Gregorian calendar. This Chinese calendar correspondence table shows the stem/branch year names, correspondences to the Western calendar, and other related information for the current, 79th sexagenary cycle of the Chinese calendar based on the 2697 BC epoch or the 78th cycle if using the 2637 BC epoch.
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.
Days were also divided into smaller units, called kè . One kè was usually defined as 1 ⁄ 100 of a day until 1628, though there were short periods before then where days had 96, 108 or 120 kè. [2] kè literally means "mark" or "engraving", referring to the marks placed on sundials [4] or water clocks [5] to help keep time.
Days one to 10 are written with the day's numeral, preceded by the character Chū ; Chūyī is the first day of the month, and Chūshí (初 十) the 10th. Days 11 to 20 are written as regular Chinese numerals; Shíwǔ is the 15th day of the month, and Èrshí the 20th.
The 360-day calendar is a method of measuring durations used in financial markets, in computer models, in ancient literature, and in prophetic literary genres.. It is based on merging the three major calendar systems into one complex clock [citation needed], with the 360-day year derived from the average year of the lunar and the solar: (365.2425 (solar) + 354.3829 (lunar))/2 = 719.6254/2 ...
This traditional method of numbering days and years no longer has any significant role in modern Chinese time-keeping or the official calendar. However, the sexagenary cycle is used in the names of many historical events, such as the Chinese Xinhai Revolution , the Japanese Boshin War , the Korean Imjin War and the Vietnamese Famine of Ất ...
The rule number (e.g., 72) is divided by the interest percentage per period (usually years) to obtain the approximate number of periods required for doubling. Although scientific calculators and spreadsheet programs have functions to find the accurate doubling time, the rules are useful for mental calculations and when only a basic calculator ...
The days of the month are counted in two halves, waxing and waning. The 15th of the waxing is the civil full moon day. The civil new moon day is the last day of the month (14th or 15th waning). Because of the inaccuracy of the calendrical calculation systems, the mean and real (true) New Moons rarely coincide.