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How do I calculate rate when pmt is made at end of periods

  1. #1
    Ron Coderre
    Guest

    Re: How do I calculate rate when pmt is made at end of periods

    Here you go:

    The rate function will give you the periodic rate (for 152/365 of a year).
    =RATE(nper,pmt,pv,fv,type)

    Which must be adjusted to get the APR
    =RATE(1,179543,-160000,0)/152*365

    Does that help?

    Regards,
    Ron


    "hsummer" <[email protected]> wrote in message
    news:[email protected]...
    >I have made a loan for 152 days. The amount is 160000 payable at end of
    > period in the amount of 179543.
    >
    > Please give me the formula.




  2. #2
    Ron Coderre
    Guest

    Re: How do I calculate rate when pmt is made at end of periods

    Here you go:

    The rate function will give you the periodic rate (for 152/365 of a year).
    =RATE(nper,pmt,pv,fv,type)

    Which must be adjusted to get the APR
    =RATE(1,179543,-160000,0)/152*365

    Does that help?

    Regards,
    Ron


    "hsummer" <[email protected]> wrote in message
    news:[email protected]...
    >I have made a loan for 152 days. The amount is 160000 payable at end of
    > period in the amount of 179543.
    >
    > Please give me the formula.




  3. #3
    Ron Coderre
    Guest

    Re: How do I calculate rate when pmt is made at end of periods

    Here you go:

    The rate function will give you the periodic rate (for 152/365 of a year).
    =RATE(nper,pmt,pv,fv,type)

    Which must be adjusted to get the APR
    =RATE(1,179543,-160000,0)/152*365

    Does that help?

    Regards,
    Ron


    "hsummer" <[email protected]> wrote in message
    news:[email protected]...
    >I have made a loan for 152 days. The amount is 160000 payable at end of
    > period in the amount of 179543.
    >
    > Please give me the formula.




  4. #4
    Ron Coderre
    Guest

    Re: How do I calculate rate when pmt is made at end of periods

    Here you go:

    The rate function will give you the periodic rate (for 152/365 of a year).
    =RATE(nper,pmt,pv,fv,type)

    Which must be adjusted to get the APR
    =RATE(1,179543,-160000,0)/152*365

    Does that help?

    Regards,
    Ron


    "hsummer" <[email protected]> wrote in message
    news:[email protected]...
    >I have made a loan for 152 days. The amount is 160000 payable at end of
    > period in the amount of 179543.
    >
    > Please give me the formula.




  5. #5
    Ron Coderre
    Guest

    Re: How do I calculate rate when pmt is made at end of periods

    Here you go:

    The rate function will give you the periodic rate (for 152/365 of a year).
    =RATE(nper,pmt,pv,fv,type)

    Which must be adjusted to get the APR
    =RATE(1,179543,-160000,0)/152*365

    Does that help?

    Regards,
    Ron


    "hsummer" <[email protected]> wrote in message
    news:[email protected]...
    >I have made a loan for 152 days. The amount is 160000 payable at end of
    > period in the amount of 179543.
    >
    > Please give me the formula.




  6. #6
    hsummer
    Guest

    How do I calculate rate when pmt is made at end of periods

    I have made a loan for 152 days. The amount is 160000 payable at end of
    period in the amount of 179543.

    Please give me the formula.

  7. #7
    Ron Coderre
    Guest

    Re: How do I calculate rate when pmt is made at end of periods

    Here you go:

    The rate function will give you the periodic rate (for 152/365 of a year).
    =RATE(nper,pmt,pv,fv,type)

    Which must be adjusted to get the APR
    =RATE(1,179543,-160000,0)/152*365

    Does that help?

    Regards,
    Ron


    "hsummer" <[email protected]> wrote in message
    news:[email protected]...
    >I have made a loan for 152 days. The amount is 160000 payable at end of
    > period in the amount of 179543.
    >
    > Please give me the formula.




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