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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 ...
The day count is also used to quantify periods of time when discounting a cash-flow to its present value. When a security such as a bond is sold between interest payment dates, the seller is eligible to some fraction of the coupon amount. The day count convention is used in many other formulas in financial mathematics as well.
The combination of a Haabʼ and a Tzolkʼin date identifies a day in a combination which does not occur again for 18,980 days (52 Haabʼ cycles of 365 days equals 73 Tzolkʼin cycles of 260 days, approximately 52 years), a period known as the Calendar Round. To identify days over periods longer than this, Mesoamericans used the Long Count calendar.
A 365-day calendar consists of exactly 365 days per year (in common years), and is primarily used in computer models [1] and as an assumption in every-day calculations. For example, a calculation of a daily rate may use an annual total divided by exactly 365. Interest rates in some banks are calculated using a 365-day calendar. [2]
The Aztec sun stone, often erroneously called the calendar stone, is on display at the National Museum of Anthropology in Mexico City. The actual Aztec calendar consists of a 365-day calendar cycle called xiuhpōhualli (year count), and a 260-day ritual cycle called tōnalpōhualli (day count).
The Maya calendar consists of several cycles or counts of different lengths. The 260-day count is known to scholars as the Tzolkin, or Tzolkʼin. [5] The Tzolkin was combined with a 365-day vague solar year known as the Haabʼ to form a synchronized cycle lasting for 52 Haabʼ called the Calendar Round.
The calendar year has 13 months with 28 days each, divided into exactly 4 weeks (13 × 28 = 364). An extra day added as a holiday at the end of the year (after December 28, i.e. equal to December 31 Gregorian), sometimes called "Year Day", does not belong to any week and brings the total to 365 days.
In other words, the Julian calendar gains 3.1 days every 400 years. Gregory's calendar reform modified the Julian rule, to reduce the average length of the calendar year from 365.25 days to 365.2425 days and thus corrected the Julian calendar's drift against the solar year: the Gregorian calendar gains just 0.1 day over 400 years. For any given ...