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The number of days between two dates, which is simply the difference in their Julian day numbers. The dates of moveable holidays, like Christian Easter (the calculation is known as Computus) followed up by Ascension Thursday and Pentecost or Advent Sundays, or the Jewish Passover, for a given year. Converting a date between different calendars.
Its value is 0, 1, or 2 at different times of the year. Subtracting it leaves a small positive or negative fractional number of half turns, which is multiplied by 720, the number of minutes (12 hours) that the Earth takes to rotate one half turn relative to the Sun, to get the equation of time.
In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium-term notes, swaps, and forward rate agreements (FRAs). This determines the number of days between two coupon payments, thus calculating the amount transferred on payment dates and also the ...
The International Date Line ( IDL) is the line between the South and North Poles that is the boundary between one calendar day and the next. It passes through the Pacific Ocean, roughly following the 180.0° line of longitude and deviating to pass around some territories and island groups. Crossing the date line eastbound decreases the date by ...
The stepped reckoner or Leibniz calculator was a mechanical calculator invented by the German mathematician Gottfried Wilhelm Leibniz (started in 1673, when he presented a wooden model to the Royal Society of London [ 2] and completed in 1694). [ 1] The name comes from the translation of the German term for its operating mechanism, Staffelwalze ...
Step 2: Multiply the decimal by 365. Step 3: Divide the result by your repayment period. Step 4: Multiply the result by 100. Here’s an example using the $100,000 loan with a factor rate of 1.5 ...
Coordinated Universal Time. Current time zones. Coordinated Universal Time ( UTC) is the primary time standard globally used to regulate clocks and time. It establishes a reference for the current time, forming the basis for civil time and time zones. UTC facilitates international communication, navigation, scientific research, and commerce.
Pascal's calculator (also known as the arithmetic machine or Pascaline) is a mechanical calculator invented by Blaise Pascal in 1642. Pascal was led to develop a calculator by the laborious arithmetical calculations required by his father's work as the supervisor of taxes in Rouen. [ 2] He designed the machine to add and subtract two numbers ...