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Use the RATE Function in Excel

Use the RATE Function in Excel

If you're familiar with interest rates, you should familiarize yourself with the RATE function in Excel. The rate function will give back the interest rate per period for a loan or annuity. It's one of the many financial functions family. If you have fixed payments for a car or personal loan, this function will let you know the interest rate ...

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Jump to key moments of What Is the Rate Formula in Excel Doing

From 0:00Introduction to the RATE Function

Use the RATE Function in Excel

From 00:06Introduction to Rate Function

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