On 02/09/2007 12:29 PM somebody named Prof J C Nash wrote:
The important issue is what conventions are used for time and rate.
About 25 years ago I tried to get information on this from Canadian
banks. Some were cooperative. As I recall, the three that responded used
three DIFFERENT rules.
The important issue is what conventions are used for time and rate.
About 25 years ago I tried to get information on this from Canadian
banks. Some were cooperative. As I recall, the three that responded used
three DIFFERENT rules. This was for weekly payment mortgages.
In Canada, there is a