Calculate interest rate for loan
exceljet.net
Calculate interest rate for loan
To calculate the periodic interest rate for a loan, given the loan amount, the number of payment periods, and the payment amount, you can use the RATE function. In the example shown, the formula in C10 is: =RATE(C7,C6,-C5)*12
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💰 Track every loan, rate, and payment in one smart Excel file. No more missed due dates. No more guesswork. Want the FREE Loan Manager template? Comment below and I’ll send it. 💚📊 #ExcelForFreelancers #ExcelVBA #LoanManager #ExcelTemplates #FinanceInExcel #fblifestyle | Excel For Freelancers
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