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Use the RATE Function in Excel
6:25
YouTubeDoug H
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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