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4D v19
RATE

RATE 


 

RATE ( n , m , p {, f} )  
Parameter Type   Description
Number in The number of periods
Number in The monthly payment paid at the end of the period (use a negative number).
For future value: pass an empty parameter (see example)
Number in The current value of the loan
Number in The future value (use a negative number)

The RATE function returns the interest rate corresponding to the values passed in parameters. Two formulas can be used:

  • First formula, when you know the monthly payment paid at the end of the period
  • Second formula, when you know the acquired value:

You borrowed 3,000 euros and your monthly payments are 1,000 euros over 5 months:

RATE(5,-1000,3000) //0.19

You borrowed 2,800 euros and the total paid value is 6,000 euros over 5 months:

RATE(5,,2800,-6000) //0.16



See also 

PMT
RATE

 
PROPERTIES 

Product: 4D
Theme: 4D View Pro Formulas

 
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4D View Pro Reference ( 4D v19)