Rate Formula Excel Error
Pmt is the payment made each period and cannot change over the life of the annuity. Look up Excel's help on the topic. Skip to main content Login Cart Exceljet Quick, clean, and to the point Training Videos Functions Formulas Shortcuts Blog Search form Search Excel RATE Function Purpose Get the interest rate per Yes No Great!
Note that the solution value is very unusual, in problems with values closer to more common numbers of the real life the guess value can be ommited. error, enter values as unformatted numbers, like 1000, instead. I always get the error "NUM". Excel might also show the #NUM!
How To Find Interest Rate In Excel
Syntax RATE(nper, pmt, pv, fv, type, guess) See PV for a complete description of the arguments nper, pmt, pv, fv, and type. I always get the error "NUM". Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional Forum Board FAQ Forum Rules Guidelines for Forum Use FAQ Forum Actions Mark Forums Read Quick Links Today's Posts Search New Posts Zero Reply Posts Subscribed Threads MrExcel Consulting Advanced Search
Share Share this post on Digg Del.icio.us Technorati Twitter Reply With Quote « Previous Thread | Next Thread » Like this thread? On the Formulas tab, under Calculation options, check the Enable iterative calculation box. error =RATE function I guess value to decimal closer to 0, but still did not resolve the #num! Excel Rate Function Mathematical Formula Click Show Calculation Steps if it’s available, and pick the resolution that works for your data.
Fv is the future value, or a cash balance you want to attain after the last payment is made. Which version do I have? Thanks in advance! RATE is calculated by iteration and can have zero or more solutions.
Please try the request again. How To Calculate Compound Interest Rate In Excel Search strategy: My own knowledge and the Excel help. Nper is the total number of payment periods in an annuity. Post a question in the Excel community forum Help us improve Excel Do you have suggestions about how we can improve the next version of Excel?
Popular Topics Functions | Formulas Pivot Tables Conditional formatting VLOOKUP | IF function Keyboard shortcuts Excel pros | Books I find your email tips extremely helpful for excel! - Jill Excel Thank you. How To Find Interest Rate In Excel If you omit guess, it is assumed to be 10 percent. How To Calculate Interest Rate In Excel 2013 To fix this, change the number of times Excel iterates formulas: Click File > Options.
The payments are to be made at the start of each month.Formula:A1Monthly interest rate required to save$20,000 over 2 yrs, with an investmentof $800 per mth (payments made atstart of each Note I: my Excel version uses ";" as arguments separator, I realize that yours use ","; please use the apropiate separator for your version. How can we improve it? Master absolute and relative addresses, named ranges, errors, and troubleshooting. Nper Function Excel
error =RATE function Can someone tell me why I am getting an #num! Excel Rate Function Formula To fix this, change the formula so that its result is between -1*10307 and 1*10307. Excel shows this error when a formula or function contains numeric values that aren’t valid.
I wonder if something is formatted incorrectly.
This is seen in the examples below.Rate Function ExamplesExample 1In the following spreadsheet, the Excel Rate function is used to calculate the interest rate, with fixed payments of $1,000 per month, A formula results in a number that’s too large or too small to be shown in Excel. Click Show Calculation Steps if it’s available, and pick the resolution that works for your data. How To Calculate Interest Rate In Excel 2007 Feel free to request for a clarification if you need it.
Share Share this post on Digg Del.icio.us Technorati Twitter Sitaram Reply With Quote Dec 28th, 2004,02:49 AM #3 Chitosunday Board Regular Join Date Jul 2003 Posts 1,017 Your guest rate is Share it with others Twitter Linked In Google Reddit StumbleUpon Posting Permissions You may not post new threads You may not post replies You may not post attachments You may not error value. The future value, or a cash balance you want to attain after the last payment is made.
I hope this helps you. The time now is 06:11 PM. Share Share this post on Digg Del.icio.us Technorati Twitter Reply With Quote Dec 28th, 2004,09:44 PM #5 Chitosunday Board Regular Join Date Jul 2003 Posts 1,017 Try using 20% as guess If you are using Excel 2007, select Microsoft Office Button > Excel Options.