Computer Science, asked by as5275, 3 months ago

define RATE function in ms excel

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Answered by sh123prajapat

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Answer:

The RATE function is an Excel Financial function that is used to calculate the interest rate charged on a loan or the rate of return needed to reach a specified amount on an investment over a given period. For a financial analyst, the RATE function can be useful to calculate the interest rate on zero coupon bonds.

Answered by izhees4gfj

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