Thread: How do I caluclate an Annual Percentage Rate in Excel?
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joeu2004 joeu2004 is offline
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Default How do I caluclate an Annual Percentage Rate in Excel?
Errata...

On Jul 26, 2:06 am, I wrote:
First, it appears that the dinkytown calculator treats the starting
interest rate plus margin as the (lifetime) interest rate cap.

Correction: It treats the current index plus margin as the lifetime
rate cap.

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