Description
Returns an equivalent interest rate for the growth of an investment.
Syntax
RRI(nper, pv, fv)
The RRI function syntax has the following arguments.
- Nper Required. Nper is the number of periods for the investment.
- Pv Required. Pv is the present value of the investment.
- Fv Required. Fv is the future value of the investment.
RRI returns the interest rate given nper (the number of periods), pv (present value), and fv (future value), calculated by using the following equation:
Remarks
- If argument values are not valid, RRI returns the #NUM! error value.
- If arguments are not using valid data types, RRI returns the #VALUE! error value.
No comments:
Post a Comment