semimonthly ( x -- y )
Financial math ยป Calculations over periods of time

Prev:monthly ( x -- y )
Next:biweekly ( x -- y )


Vocabulary
math.finance

Inputs
xa number


Outputs
ya number


Word description
Divides a number by the number of half-months in a year. Note that biweekly has two more periods than semimonthly.

Definition