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These formulas are based on the observation that the day of the week progresses in a predictable manner based upon each subpart of that date. Each term within the formula is used to calculate the offset needed to obtain the correct day of the week. For the Gregorian calendar, the various parts of this formula can therefore be understood as follows:
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).
Both free and paid versions are available. It can handle Microsoft Excel .xls and .xlsx files, and also produce other file formats such as .et, .txt, .csv, .pdf, and .dbf. It supports multiple tabs, VBA macro and PDF converting. [10] Lotus SmartSuite Lotus 123 – for MS Windows. In its MS-DOS (character cell) version, widely considered to be ...
When using Microsoft's Excel, the "=NPV(...)" formula makes two assumptions that result in an incorrect solution. The first is that the amount of time between each item in the input array is constant and equidistant (e.g., 30 days of time between item 1 and item 2) which may not always be correct based on the cash flow that is being discounted.
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This convention accounts for days in the period based on the portion in a leap year and the portion in a non-leap year. The days in the numerators are calculated on a Julian day difference basis. In this convention the first day of the period is included and the last day is excluded. The CouponFactor uses the same formula, replacing Date2 by Date3.
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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 ...
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