@annualize(vXXXX)

Definition

Annualize a value

Use when working in months, quarters, or half years. The calculation uses the number of days in the year and the number of days in that period to calculate an annualized value.

Returns

Returns the annualized value of the account.

Example

@annualize(v1150) 

Where Operating Profit equals v1150 and is 15 in the third quarter of 2000. This calculates as:

15*(# of days in year)/(# of days in period)

or

15* 366/ 92= 59.674.