ACT 364

Subtype of Name

Actual/364 day counter
Let [T₁,T₂) be the period between two dates T₁ and T₂, of which the length L in annual units must be calculated
Calculation rule:
Let N be the actual number of days of the period [T₁,T₂), formally defined as the difference: T₂ - T₁
Then
L = N/364