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  1. 3 Μαΐ 2023 · See how to use RATE function in Excel to find monthly, quarterly or annual rate on a loan or saving account and how to create a universal interest rate calculator in a worksheet.

  2. 29 Αυγ 2024 · The RATE function works well to find the rate for an arrangement where there are identical payments made at regular intervals of time. If there are varying cashflows for different intervals or irregular intervals, use the IRR of the XIRR function to find the rate.

  3. This article describes the formula syntax and usage of the RATE function in Microsoft Excel. Description. Returns the interest rate per period of an annuity. RATE is calculated by iteration and can have zero or more solutions.

  4. The RATE Function is an Excel Financial function that 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.

  5. Syntax: =RATE (Nper, Pmt, Pv, [Fv], [Type], [Guess]) Where: Nper (required): Total number of payment periods. Pmt (required): Payment made each period; it cannot change over the life of the annuity. Pv (required): Present value, or the total amount that a series of future payments is worth now.

  6. 6 Φεβ 2023 · Learn how to use Excel's RATE function for both Mac and PC. Includes numerous formula examples in Excel and VBA (WITH PICTURES).

  7. The rate argument is the interest rate per period for the loan. For example, in this formula the 17% annual interest rate is divided by 12, the number of months in a year. The NPER argument of 2*12 is the total number of payment periods for the loan.

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