Returns the interest rate per period of an annuity. RATE is calculated by iteration and can have zero or more solutions. If the successive results of RATE do not converge to within 0.0000001 after 20 iterations, RATE returns the #NUM! error value. Make s
The RATE Function[1]is an ExcelFinancial functionthat is used to calculate the interest rate charged on a loan or the rate of return needed to reach a specified amount on an investment over a given period. For afinancial analyst, the RATE function can be useful to calculate the interest ra...
=RATE(10*1, -1000, 6500) Result: 8.711%Example (as VBA Function) The RATE function can also be used in VBA code in Microsoft Excel. Let's look at some Excel RATE function examples and explore how to use the RATE function in Excel VBA code: Dim LValue As Double LValue = Rate(10*...
Use the IRR function in Excel to calculate a project's internal rate of return. The internal rate of return is the discount rate that makes the net present value equal to zero.
Excel GROWTH Function: Knowledge Hub How to Calculate Bacterial Growth Rate in Excel << Go Back to Excel Functions | Learn Excel Get FREE Advanced Excel Exercises with Solutions! Save 0 Tags: Excel Functions Hosne Ara Hosne Ara is a materials and metallurgical engineer who loves exploring ...
Financial Excel Functions PV Function FV Function PMT Function IPMT Function PPMT Function Loan Amortization Schedule MIRR Function RATE Function RRI Function XIRR Function XNPV Function YIELD Function Statistical Excel Functions COUNTA Function COUNTIF Function COUNTIFS Function Logical Excel Functions ...
RATE Function RECEIVED Function RRI Function SLN Function SYD Function TBILLEQ Function TBILLPRICE Function TBILLYIELD Function VDB Function XIRR Function XNPV Function YIELD Function YIELDDISC Function YIELDMAT Function Information Functions Information Functions CELL Function ERROR.TYPE Function INFO Function...
RATE Function RECEIVED Function RRI Function SLN Function SYD Function TBILLEQ Function TBILLPRICE Function TBILLYIELD Function VDB Function XIRR Function XNPV Function YIELD Function YIELDDISC Function YIELDMAT Function Information Functions Information Functions CELL Function ERROR.TYPE Function INFO Function...
RATE functionis used to find the Interest rate of the data set in Excel. It requires the following arguments to calculate the interest rate. Syntax: =RATE(nper, pmt, pv, [fv], [type], [guess]) nper: total no. of payment period. ...
Related Topics Excel FV Function Excel RATE Function Excel PV Function Excel PMT Function Present Value vs Future ValueAll Chapters in Finance Current Chapter Excel PV Function Excel FV Function Excel FVSCHEDULE Function Excel PRICE Function Excel RATE Function Excel YIELD Function Excel INTRATE ...