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YEARFRAC

 
Category: DateTime Function.
 
Description: Returns the year fraction representing the number of whole days between start_date and end_date.
 
Syntax: YEARFRAC(start_date, end_date, basis)
 
The basis is an optional parameter that specifies the type of day count. Basis values are listed in the following table.
 
Basis
Day count basis
0 or omitted
US (NASD) 30/360
1
Actual/actual
2
Actual/360
3
Actual/365
4
European 30/360