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#1
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Excel Spreadsheet
Can anyone help me with an excel spreadsheet using interest rate?
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#2
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Excel Spreadsheet
That's a bit vague Lynn... You need to be specific to get an answer! Sam "Lynn" wrote: Can anyone help me with an excel spreadsheet using interest rate? |
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#3
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Excel Spreadsheet
what you are looking for?
=rate(nper,pmt,pv,type,guess) Nper is the total number of payment periods in an annuity. Pmt is the payment made each period and cannot change over the life of the annuity. Typically, pmt includes principal and interest but no other fees or taxes. If pmt is omitted, you must include the fv argument. Pv is the present value€” the total amount that a series of future payments is worth now. Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (the future value of a loan, for example, is 0). Type is the number 0 or 1 and indicates when payments are due. -- pleae click yes if it was helpfull regards from Brazil Marcelo "Lynn" escreveu: Can anyone help me with an excel spreadsheet using interest rate? |
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#4
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Excel Spreadsheet
Jan Principal Interest rate #of days Interest billed Prime Rate Prime rate interest billed Interest rate minus prime Feb Mar april may Does that make sense "Sam Wilson" wrote: That's a bit vague Lynn... You need to be specific to get an answer! Sam "Lynn" wrote: Can anyone help me with an excel spreadsheet using interest rate? |
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#5
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Excel Spreadsheet
I am looking to create a spreeadsheet finding the interest on priniciple.
Like: Principle Int Rate # of days Int Billed Prime Rate Prime amount on Principle "Marcelo" wrote: what you are looking for? =rate(nper,pmt,pv,type,guess) Nper is the total number of payment periods in an annuity. Pmt is the payment made each period and cannot change over the life of the annuity. Typically, pmt includes principal and interest but no other fees or taxes. If pmt is omitted, you must include the fv argument. Pv is the present value€” the total amount that a series of future payments is worth now. Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (the future value of a loan, for example, is 0). Type is the number 0 or 1 and indicates when payments are due. -- pleae click yes if it was helpfull regards from Brazil Marcelo "Lynn" escreveu: Can anyone help me with an excel spreadsheet using interest rate? |
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#6
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Excel Spreadsheet
Syntax
PV(rate,nper,pmt,fv,type) Rate is the interest rate per period. For example, if you obtain an automobile loan at a 10 percent annual interest rate and make monthly payments, your interest rate per month is 10%/12, or 0.83%. You would enter 10%/12, or 0.83%, or 0.0083, into the formula as the rate. Nper is the total number of payment periods in an annuity. For example, if you get a four-year car loan and make monthly payments, your loan has 4*12 (or 48) periods. You would enter 48 into the formula for nper. Pmt is the payment made each period and cannot change over the life of the annuity. Typically, pmt includes principal and interest but no other fees or taxes. For example, the monthly payments on a $10,000, four-year car loan at 12 percent are $263.33. You would enter -263.33 into the formula as the pmt. If pmt is omitted, you must include the fv argument. Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (the future value of a loan, for example, is 0). For example, if you want to save $50,000 to pay for a special project in 18 years, then $50,000 is the future value. You could then make a conservative guess at an interest rate and determine how much you must save each month. If fv is omitted, you must include the pmt argument. Type is the number 0 or 1 and indicates when payments are due. -- pleae click yes if it was helpfull regards from Brazil Marcelo "Lynn" escreveu: I am looking to create a spreeadsheet finding the interest on priniciple. Like: Principle Int Rate # of days Int Billed Prime Rate Prime amount on Principle "Marcelo" wrote: what you are looking for? =rate(nper,pmt,pv,type,guess) Nper is the total number of payment periods in an annuity. Pmt is the payment made each period and cannot change over the life of the annuity. Typically, pmt includes principal and interest but no other fees or taxes. If pmt is omitted, you must include the fv argument. Pv is the present value€” the total amount that a series of future payments is worth now. Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (the future value of a loan, for example, is 0). Type is the number 0 or 1 and indicates when payments are due. -- pleae click yes if it was helpfull regards from Brazil Marcelo "Lynn" escreveu: Can anyone help me with an excel spreadsheet using interest rate? |
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