tag:blogger.com,1999:blog-2243600702708374054.post4435232147701565944..comments2023-10-01T08:45:16.673-07:00Comments on Fascinating Financial Facts: INTEREST CALCULATION IN A LEAP YEARosyenhttp://www.blogger.com/profile/04287275858684845333noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2243600702708374054.post-36768861532377823542018-07-12T10:35:30.252-07:002018-07-12T10:35:30.252-07:00You are not wrong, but it depends on the month you...You are not wrong, but it depends on the month you are looking at. In a leap year, using 366 days at 5%pa will cost or earn exactly the same amount for a full year of that of a non-leap year. In Jan, March...Dec you will pay or earn less in a leap year than a non-leap year but you will catch up in Feb. So in your example I will invest over Feb to earn a bit more, else yes, if your investment period does not include Feb it will be less.<br /><br />Anonymousnoreply@blogger.com