YEARFRAC
Syntax:
YEARFRAC ( start-date , end-date [ , basis ] )
Description: Computes the fractional number of years represented by the number of whole days between two dates, start-date and end-date., according to basis.
Arguments:
Name |
Type |
Description |
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start-date |
number |
The period's starting date. start-date can be earlier than, the same as, or later than end-date. |
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end-date |
number |
The period's ending date. |
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day-count-basis |
number |
The security's issue date. |
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basis |
number |
The truncated integer type of day count basis to use, as follows:
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All arguments are truncated to integers.
Return Type and Value: number – The fractional number of years represented by the number of whole days between two dates, start-date and end-date., according to basis.
However, if the value of basis is out of range, #NUM! is returned.