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Define Basis
I was trying to explain the YEARFRAC function to someone. I use it and
always omit the Basis. But I couldn't really explain what the different Basis values mean. Oh, I know it determines how the days are counted .. but exactly HOW??? The online help doesn't explain the value at all, and so I was hoping someone could give me a good definition on how to determine which Basis one should use under which circumstances. Thankx for any insight. |
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