Excel 2010 Business Math 74: Calculating Fraction Of Year For Simple Interest calculations

4,691 views · Published 26 November 2011 · 9:04 · Indexed 8 November 2026

Channel: excelisfun · 2011 · Education

Watch on YouTube

Download Excel File: https://people.highline.edu/mgirvin/AllClasses/135_2011/Content/Ch09/Excel2010BusnMathCh09.xlsx
Download pdf file: https://people.highline.edu/mgirvin/AllClasses/135_2011/Content/Ch09/Busn135Ch09.pdf

This is a Business Mathematics Class (Busn Math 135) taught by Mike excelisfun Girvin at Highline Community College.
In this video learn how to calculate:
1. Calculating Fraction Of Year For Simple Interest calculations
2. Fraction of Year = Months/12
3. Fraction of Year For Exact Interest = Days/365 or 366 in leap year
4. Fraction of Year For Banker's Interest= Days/360

More from this channel

• 3:51 YouTubersLoveExcel#19: Steady Growth Cash Flow Formula

  excelisfun

  3,560 views · 23 May 2008

• 3:44 YouTubersLoveExcel#26: Text To Column Trouble

  excelisfun

  3,596 views · 30 May 2008

• 3:41 YouTubersLoveExcel#26.2: Formulas do not like TEXT Time

  excelisfun

  2,016 views · 6 June 2008

• 3:30 YouTubersLoveExcel#34: Hide Columns Copy Problem

  excelisfun

  3,877 views · 11 June 2008

• 9:27 YouTubersLoveExcel#31: Dates, Cash Flow & Logic

  excelisfun

  4,909 views · 11 June 2008

• 1:57 YouTubersLoveExcel#36: VLOOKUP increase based on Rating

  excelisfun

  3,053 views · 16 June 2008

• 7:38 YouTubersLoveExcel#52: VLOOKUP & Workbook References

  excelisfun

  3,914 views · 7 July 2008

• 1:39 YTLE#60: Hide Columns by Grouping

  excelisfun

  4,807 views · 18 July 2008