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How to calculate the duration of installment fund?
Number of days between due date and issue date. According to Baidu Encyclopedia, for fixed-income products, such as bonds and time deposits, the duration can be determined by calculating the number of days between the maturity date and the issue date. Fund, in English, refers to a certain amount of funds set up for a certain purpose. It mainly includes provident fund, trust and investment fund, insurance fund, retirement fund and various foundation funds.