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What Is The Rate Formula In Excel? [Solved]
ExampleDataDescription8000Amount of the loanFormulaDescriptionResult=RATE(A212, A3, A4)Monthly rate of the loan with the terms entered as arguments in A2:A4.1%=RATE(A212, A3, A4)*12Annual rate of the loan with the same terms.9.24%2 more rows
Use the RATE Function in Excel
If you’re familiar with interest rates, you should familiarize yourself with the
How to calculate the Rate Percentage in Microsoft Excel | Excel RATE Function |
Microsoft_Excel #Interest_Rate #TECHNICAL_PORTAL How to calculate the
How to Calculate the Interest Rate (=RATE) in MS Excel
This video shows you how you can use MS
