Effective yield rate - non-level premium flow
How can I build a function that will calculate an effective yield rate given
that an individual can put in a lump sum at issue, have a different premium contribution between year 1 and renewal year? |
Look at the XIRR() function. Look in HELP for details.
XIRR() is part of Analysis Toolpak. If the function is not available; ToolsOptionsAdd ins, check Analysis Toolpak -- Kind Regards, Niek Otten Microsoft MVP - Excel "Brad" wrote in message ... How can I build a function that will calculate an effective yield rate given that an individual can put in a lump sum at issue, have a different premium contribution between year 1 and renewal year? |
I've looked at the XIRR() command. The problem with this is that I don't
have a negative beginning balance - I'm simply accumulating a single premium and an annuity using the same interest year per year, however the interest rate can be different each year - and trying to show a year-end effective yield rate. "Brad" wrote: How can I build a function that will calculate an effective yield rate given that an individual can put in a lump sum at issue, have a different premium contribution between year 1 and renewal year? |
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