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Texas Instruments Calculator User Manual

Texas Instruments Calculator
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Appendix — Reference Information 95
where: M1 =month of first date
DT1 =day of first date
Y1 =year of first date
M2 =month of second date
DT2 =day of second date
Y2 =year of second date
MB =base month (January)
DB =base day (1)
YB =base year (first year after leap year)
30/360 day-count method
3
Note: The method assumes 30 days per month and 360 days per year.
where:
M1 =month of first date
DT1 =day of first date
Y1 =year of first date
M2 =month of second date
DT2 =day of second date
Y2 =year of second date
Note: If DT1 is 31, change DT1 to 30. If DT2 is 31 and DT1 is 30 or 31,
change DT2 to 30; otherwise, leave it at 31.
3. Source for 30/360 day-count method formula: Lynch, John J., Jr., and Jan H. Mayle.
Standard Securities Calculation Methods. New York: Securities Industry Association,
1986
DBD Y2( Y1 ) 360× M2( M1 )++ 30× DT2( DT1 )+=

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Texas Instruments Calculator Specifications

General IconGeneral
BrandTexas Instruments
ModelCalculator
CategoryCalculator
LanguageEnglish

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