YEARFRAC(D4,D5,2) in cell d6 will return the fraction of the year elapsed assuming a 360 day count basis.
If you're working with dates in Excel, you may need to calculate the fraction of the year that has elapsed. For example, if you have a start date in cell D4 and an end date in cell D5, you can use the YEARFRAC function to calculate the fraction of the year that has elapsed.
To do this, simply enter the formula =YEARFRAC(D4,D5,2) in cell D6. This will return the fraction of the year elapsed assuming a 360 day count basis.
If you need to use a different basis, you can simply specify the basis as the third argument in the YEARFRAC function. For example, if you want to use a 365 day basis, you would use the formula =YEARFRAC(D4,D5,3).
You can also use the YEARFRAC function to calculate the number of years between two dates. For example, if you have a start date in cell D4 and an end date in cell D5, you can use the formula =YEARFRAC(D4,D5) to calculate the number of years between the two dates.
Keep in mind that the YEARFRAC function will always return a decimal value. So, if you want to round the result to the nearest whole number, you can use the ROUND function. For example, if you have a start date in cell D4 and an end date in cell D5, you can use the formula =ROUND(YEARFRAC(D4,D5),0) to calculate the number of years between the two dates and round the result to the nearest whole number.
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