• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

365 or 365.25 which value to be used?

M

MHKKHM

Member
or if its leap year 366 else 355 no. of days to be used
which is correct approach?
 
365.25 is generally used.
Or you can use 365 also by mentioning your assumption.
 
For the IFoA both will be marked correct.

However 365 is quicker to type than 365.25 so will save time, also the examiners solution use 365.
 
You must log in or register to reply here.
Back
Top