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What is the formula for Interest rate parity? I am finding 2 formulas. What is the difference? I have attached pictures of both formulas. Do

What is the formula for Interest rate parity? I am finding 2 formulas. What is the difference? I have attached pictures of both formulas. Do I adjust for expiration using powers (n) or using n/360?

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+ 10000 Ffid = Sfid X Days 1 + If X 360 Days 1 + id X- 360 Interest Rate Parity Formula Forward Exchange Rate (Fo) = Spot Exchange Rate (So) X (1 + Interest rate A)" (1 + Interest rate B)" mil

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