RATE
function RATE(
arg1: number = null,
arg2: number = null,
arg3: number = null,
arg4: number = null,
arg5: number = null,
arg6: number = null,
): number | string | booleanDescription
Returns the interest rate per period of a loan or an investment. For example, use 6%/4 for quarterly payments at 6% APR.
Parameters
- arg1
numberdefault: null Is the total number of payment periods for the loan or investment.
- arg2
numberdefault: null Is the payment made each period and cannot change over the life of the loan or investment.
- arg3
numberdefault: null Is the present value: the total amount that a series of future payments is worth now.
- arg4
numberdefault: null Is the future value, or a cash balance you want to attain after the last payment is made. If omitted, uses Fv = 0.
- arg5
numberdefault: null Is a logical value: payment at the beginning of the period = 1; payment at the end of the period = 0 or omitted.
- arg6
numberdefault: null Is your guess for what the rate will be; if omitted, Guess = 0.1 (10 percent).
Returns
number | string | booleanTry It
var oWorksheet = Api.GetActiveSheet();
var oFunction = Api.GetWorksheetFunction();
oWorksheet.GetRange("A1").SetValue(oFunction.RATE(2*12, -500, 10000, 0));