Re: Days(360)

Posted in 2000

Obnoxio The Clown — Thu, 06 Jul 2000 20:04:57 BST — source: Informix-list mailing list archive (1991-1998)

From: Edward Rosenthal <edrosenthal@home.com> > > >the function you describe does not sound all that accurate. Funny enough, he's not to blame. Most financial institutions base all interest calculations and other time based stuff on 12 months of 30 days. ________________________________________________________________________ Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com

↪ replying to Obnoxio The Clown

mr_tricky — Fri, 07 Jul 2000 01:52:58 -0700 — source: Informix-list mailing list archive (1991-1998)

Well you learn something new every day. I now feel even more cheated by my bank than I did before. Robbing me of five days interest :-( "Obnoxio The Clown" <obnoxio@hotmail.com> wrote: > >From: Edward Rosenthal <edrosenthal@home.com> >> >> >>the function you describe does not sound all that accurate. > >Funny enough, he's not to blame. Most financial institutions base all >interest calculations and other time based stuff on 12 months of 30 days. >________________________________________________________________________ >Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com > > > ----------------------------------------------------------- Got questions? Get answers over the phone at Keen.com. Up to 100 minutes free! http://www.keen.com