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rate
Format: rate( fv, pv, term )
Arguments: (real) fv Future value
(real) pv Present value
(real) term Number of periods
Returns: (real) Periodic interest rate necessary for an
investment of pv to grow to a future value of fv in
term periods
Description: The interest rate is calculated using the
following equation:
Examples: rate(10000,1000,20)
= 0.122 (Interest rate required for $1000 to
grow to $10000 in 20 years)
See Also: term, pv, fv,
pmt, npv, irr,
cf
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