December 2011
Intermediate to advanced
1088 pages
24h 50m
English
book
Microsoft® Excel® 2010 Formulas & Functions Inside Out
by Helmut Reinke Egbert Jeschke Sara Unverhau, Eckehard Pfeifer, Bodo Fienitz, and Jens Bock
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RATE()
Syntax. Rate(Nper,Pmt,Pv,Fv,Type,Guess)
Definition. This function determines the applicable interest rate for compound interest tasks and annuity calculation (repayment calculation according to the principle of annuity repayment).
Arguments
Nper (required) The number of interest periods. It is assumed that possible regular payments (that is, the Pmt argument is greater than zero) take place at the end (or the start) of the interest periods.
Pmt (required/optional, see Note) The amount of the regular payments, which can be interpreted as annuity.
Pv (required/optional, see Note) The start value of one payment direction. For disbursement plans, this is the account balance at the beginning of these considerations; for repayment plans, it is the ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.