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Rate of return required formula
I need to know the formula for determinining the required interest rate to
achieve a pre-determined dollar value. For instance, I have a value in cell D14 and I want to see the interest rate required to achieve the dollar value represented in cell D6 |
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#2
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Use the Rate function
=rate(#periods,0,D4,-D6) -- Regards, Fred Please reply to newsgroup, not e-mail "Alorasdad" wrote in message ... I need to know the formula for determinining the required interest rate to achieve a pre-determined dollar value. For instance, I have a value in cell D14 and I want to see the interest rate required to achieve the dollar value represented in cell D6 |
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