returns interest rate per period · from excel · excel: not yet compared · sheets: not yet compared

signature

RATE(nper, pmt, pv, [fv], [type], [guess])

returns: number

argument	required
nper	required
pmt	required
pv	required
fv	optional
type	optional
guess	optional

examples

formula and result, taken from the engine's own test suite — every result below is asserted in CI, not written by hand.

errors

error values observed from the engine — each with a call that produces it.

error	produced by
#NUM!	=RATE(2, 2, 2)

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