Calculate Interest Rates (RATE) in Excel - RATE Function Examples
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Calculate Interest Rates (RATE) in Excel - RATE Function Examples
RATE is the time value of money Excel function that calculates interest rates. RATE is one of the top 5 financial functions in Excel. RATE is also called Compound Annual Growth Rate or CAGR. Time Value of Money or Financial Functions in Excel Solving for Interest Rates using the RATE Excel Function 1. RATE on a lump sum 2. RATE on an annuity 3 ...
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