Understanding Quarter-Months: A Key Concept in Financial Calculations

A quarter-month is a period of 28 days, which is one-fourth of a month. It is used to calculate the number of days in a month, and it is also used in some financial calculations. For example, if you are paid biweekly, your pay period might be every two weeks, which is equivalent to half a month (28 days). So, if you work for 28 days in a quarter-month, you would earn half a month's salary.

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