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How Does The Rate Function Work? [Solved]
The RATE function is a financial function in Excel that calculates the interest rate per period of an annuity. The function is used to calculate the periodic interest rate, which can then be multiplied as required to calculate the annual interest rate. The function calculates by iteration.26 Feb 2021
Use the RATE Function in Excel
If you’re familiar with interest
Microsoft Excel Tutorial - Using Excel’s ‘Rate’ function (=RATE)
Excel’s
How to Calculate the Interest Rate (=RATE) in MS Excel
This video shows you how you can use MS Excel to calculate the periodic interest interest that one must earn in order for a …
