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Manuals/calci/RATE
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Revision as of 02:31, 4 January 2014
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02:31, 4 January 2014
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*<math>Guess</math> is the guess value for what rate will be
*<math>Guess</math> is the guess value for what rate will be
−
INTRATE
() calculates the interest rate per period for a year.
+
RATE
() calculates the interest rate per period for a year.
== Description ==
== Description ==
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*RATE is calculated by iteration and can have zero or more solutions.
*RATE is calculated by iteration and can have zero or more solutions.
*<math>Payment</math> includes principal value and the interest amount. If omitted, <math>FutureValue</math> is required.
*<math>Payment</math> includes principal value and the interest amount. If omitted, <math>FutureValue</math> is required.
−
*
*<math>FutureValue</math>,
*
<math>Type</math> and
*
<math>Guess</math> are optional.
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*<math>FutureValue</math>, <math>Type</math> and <math>Guess</math> are optional.
*If <math>FutureValue</math> is omitted, Calci assumes it to be zero(0).
*If <math>FutureValue</math> is omitted, Calci assumes it to be zero(0).
*<math>Type</math> can be represented as '1' or '0'.
*<math>Type</math> can be represented as '1' or '0'.
Swapna
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