Reviewed by Thomas J. Catalano Fact checked by Vikki Velasquez The discount rate refers to the interest rate used when ...
Reviewed by Charles Potters In the fixed income market, each financial instrument’s smallest increment of movement is called ...
Other versions of Excel may work differently. For this example, we want to determine the monthly payment on a loan, but we are unsure about the interest rate. We want to see how the payment changes as ...
The Excel formula for calculating the discount rate is =RATE (nper, pmt, pv, [fv], [type], [guess]). It’s often used to calculate the interest rate for a loan or determine the rate of return ...