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RRI
This function returns calculated interest rate for growth of investment.
Syntax
RRI(nper, pv, fv)
Arguments
This function has these arguments:
Argument | Description |
|---|---|
nper | [Required] Number of periods for the investment |
pv | [Required] Present value of the investment |
fv | [Required] Future value of the investment |
All arguments of this function must be positive values.
Remarks
If the passed arguments are invalid, this function returns an error value.
Examples
RRI(96,10000,11000) gives the result 0.0009933