RATE Function in Excel

RATE Function in Excel

by

RATE Function in Microsoft Excel📘 Part 1: Introduce📌 DefinitionThe RATE function in Excel calculates the interest rate per period of an annuity. It’s an iterative function that can have zero or more solutions.📌 PurposeThe primary purpose of the RATE function is to find out the interest rate per period for a series of payments (annuity).📌 … Read more