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Don Guillett Don Guillett is offline
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Default Computing simple interest

Look in the help index for RATE. That will steer you to all of the excel
financial functions.

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Don Guillett
SalesAid Software

"Davis" wrote in message
...
What's the easiest way to compute the annual percentage rate on a given
cell.
I typically multiply the principal amount by the interest rate/divide by
365/and then multiply by the number of days since the loan was made. Is
there an easier way to do this by use of one of the date/time functions in
Excel?

Thanks.