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 Calculating an Implied Interest Rate
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## Calculating an Implied Interest Rate

#1
September 6th 06, 11:07 PM posted to microsoft.public.excel.misc
 SJT external usenet poster Posts: 71
Calculating an Implied Interest Rate

I would like to create a spreadsheet that analyzes payment options. The
alternative is to pay \$30,000 for something today or to pay \$32,100 in twelve
months from today w/ monthly payments of 32,100/12. What Excel formula would
I use to calculate the implied interest rate? Thank you in advance for your
assistance.

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