<HTML
><HEAD
><TITLE
>DISC</TITLE
><META
NAME="GENERATOR"
CONTENT="Modular DocBook HTML Stylesheet Version 1.54"><LINK
REL="HOME"
TITLE="Gnumeric's user manual"
HREF="gnumeric.html"><LINK
REL="UP"
TITLE="Reference"
HREF="function-reference.html#AEN1187"><LINK
REL="PREVIOUS"
TITLE="TTEST"
HREF="r8048.html"><LINK
REL="NEXT"
TITLE="NPER"
HREF="r8109.html"></HEAD
><BODY
CLASS="REFENTRY"
><DIV
CLASS="NAVHEADER"
><TABLE
WIDTH="100%"
BORDER="0"
CELLPADDING="0"
CELLSPACING="0"
><TR
><TH
COLSPAN="3"
ALIGN="center"
>Gnumeric's user manual</TH
></TR
><TR
><TD
WIDTH="10%"
ALIGN="left"
VALIGN="bottom"
><A
HREF="r8048.html"
>Prev</A
></TD
><TD
WIDTH="80%"
ALIGN="center"
VALIGN="bottom"
></TD
><TD
WIDTH="10%"
ALIGN="right"
VALIGN="bottom"
><A
HREF="r8109.html"
>Next</A
></TD
></TR
></TABLE
><HR
ALIGN="LEFT"
WIDTH="100%"></DIV
><H1
><A
NAME="AEN8081"
><A
NAME="GNUMERIC-DISC"
></A
>DISC</A
></H1
><DIV
CLASS="REFNAMEDIV"
><A
NAME="AEN8086"
></A
><H2
>Name</H2
>DISC&nbsp;--&nbsp;</DIV
><DIV
CLASS="REFSYNOPSISDIV"
><A
NAME="AEN8089"
></A
><H2
>Synopsis</H2
><TABLE
BORDER="0"
BGCOLOR="#E0E0E0"
WIDTH="100%"
><TR
><TD
><PRE
CLASS="SYNOPSIS"
>DISC(settlement,maturity,par,redemption[,basis])</PRE
></TD
></TR
></TABLE
></DIV
><DIV
CLASS="REFSECT1"
><A
NAME="AEN8091"
></A
><H2
>Description</H2
><P
>DISC calculates and returns the discount rate for a sequrity. @basis is the type of day counting system you want to use:</P
><P
></P
><P
>0  US 30/360</P
><P
>1  actual days/actual days</P
><P
>2  actual days/360</P
><P
>3  actual days/365</P
><P
>4  European 30/360</P
><P
></P
><P
>If @basis is omitted, US 30/360 is applied. If settlement date or maturity date is not valid, DISC returns #NUM! error. If @basis &#60; 0 or @basis &#62; 4, DISC returns #NUM! error. If settlement date is after maturity date or they are the same, DISC returns #NUM! error. </P
></DIV
><DIV
CLASS="REFSECT1"
><A
NAME="AEN8102"
></A
><H2
>Examples</H2
><P
></P
><P
></P
></DIV
><DIV
CLASS="REFSECT1"
><A
NAME="AEN8106"
></A
><H2
>See also</H2
><P
>      </P
></DIV
><DIV
CLASS="NAVFOOTER"
><HR
ALIGN="LEFT"
WIDTH="100%"><TABLE
WIDTH="100%"
BORDER="0"
CELLPADDING="0"
CELLSPACING="0"
><TR
><TD
WIDTH="33%"
ALIGN="left"
VALIGN="top"
><A
HREF="r8048.html"
>Prev</A
></TD
><TD
WIDTH="34%"
ALIGN="center"
VALIGN="top"
><A
HREF="gnumeric.html"
>Home</A
></TD
><TD
WIDTH="33%"
ALIGN="right"
VALIGN="top"
><A
HREF="r8109.html"
>Next</A
></TD
></TR
><TR
><TD
WIDTH="33%"
ALIGN="left"
VALIGN="top"
><A
NAME="GNUMERIC-TTEST"
></A
>TTEST</TD
><TD
WIDTH="34%"
ALIGN="center"
VALIGN="top"
><A
HREF="function-reference.html#AEN1187"
>Up</A
></TD
><TD
WIDTH="33%"
ALIGN="right"
VALIGN="top"
><A
NAME="GNUMERIC-NPER"
></A
>NPER</TD
></TR
></TABLE
></DIV
></BODY
></HTML
>