Difference between revisions of "Manuals/calci/YEARFRAC"
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| − | =YEARFRAC( | + | <div style="font-size:30px">'''YEARFRAC (From,To,Basis)'''</div><br/> |
where | where | ||
| − | *<math> | + | *<math>From</math> represents a start date, |
| − | *<math> | + | *<math>To</math> represents an end date, and |
| − | *<math> | + | *<math>Basis</math> is the type of day count basis to use. |
YEARFRAC() calculates the fraction of the year depending on the number of days between start date and end date. | YEARFRAC() calculates the fraction of the year depending on the number of days between start date and end date. | ||
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== Description == | == Description == | ||
| − | YEARFRAC( | + | YEARFRAC(From,To,Basis) |
*YEARFRAC() returns the fractional proportion of the year from specified start and end dates. | *YEARFRAC() returns the fractional proportion of the year from specified start and end dates. | ||
| − | *<math> | + | *<math>From</math> and <math>To</math> dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message. |
| − | *<math> | + | *<math>From</math> date should be < <math>To</math>, else Calci displays NaN error message. |
| − | *<math> | + | *<math>Basis</math> value is optional. If omitted, Calci assumes it to be 0. |
*We can use the DD/MM/YYYY format also. For Example:"14/5/2005[DD/MM/YYYY]". | *We can use the DD/MM/YYYY format also. For Example:"14/5/2005[DD/MM/YYYY]". | ||
| − | Below table shows the use of <math> | + | Below table shows the use of <math>Basis</math> values: |
{| class="wikitable" | {| class="wikitable" | ||
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|} | |} | ||
| − | *If <math> | + | *If <math>Basis</math> value is other than 0 to 4, Calci displays #N/A error message. |
*We can use range values also.For Example :YEARFRAC(DATE(2014,1,1),#4/1/2015-4/1/2020) | *We can use range values also.For Example :YEARFRAC(DATE(2014,1,1),#4/1/2015-4/1/2020) | ||
== Examples == | == Examples == | ||
| − | YEARFRAC( | + | YEARFRAC (From,To,Basis) function with inputs in order is calculated as follows: |
<div id="2SpaceContent" class="zcontent" align="left"> | <div id="2SpaceContent" class="zcontent" align="left"> | ||
Revision as of 16:28, 11 July 2018
YEARFRAC (From,To,Basis)
where
- represents a start date,
- represents an end date, and
- is the type of day count basis to use.
represents a start date,
represents an end date, and
is the type of day count basis to use.YEARFRAC() calculates the fraction of the year depending on the number of days between start date and end date.
Description
YEARFRAC(From,To,Basis)
- YEARFRAC() returns the fractional proportion of the year from specified start and end dates.
- and dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
- date should be < , else Calci displays NaN error message.
- value is optional. If omitted, Calci assumes it to be 0.
- We can use the DD/MM/YYYY format also. For Example:"14/5/2005[DD/MM/YYYY]".
Below table shows the use of values:
| Basis | Description |
|---|---|
| 0 | US (NASD) 30/360 |
| 1 | Actual/actual |
| 2 | Actual/360 |
| 3 | Actual/365 |
| 4 | European 30/360 |
- If value is other than 0 to 4, Calci displays #N/A error message.
- We can use range values also.For Example :YEARFRAC(DATE(2014,1,1),#4/1/2015-4/1/2020)
Examples
YEARFRAC (From,To,Basis) function with inputs in order is calculated as follows:
| 1/4/2008 | |
| 10/10/2008 | |
| 4 |
=YEARFRAC(A1,A2,A3) : Calculates the fraction Value of the year with the inputs
in the range A1 to A3. Returns 0.7666666666666667 as a result. =YEARFRAC(DATE(2014,1,1),DATE(2014,4,1)) : Calculates the fraction Value of the year
within the dates mentioned. Returns 0.25 as a result. =YEARFRAC(DATE(2014,1,1),DATE(2015,4,1)) : Calculates the fraction Value of the year
within the dates mentioned. Returns 1.25 as a result. =YEARFRAC("1/1/2014[DD/MM/YYYY]","14/4/2015[DD/MM/YYYY]") = 1.2861111111111112
Related Videos
See Also
References