Difference between revisions of "Rate Command"
From GeoGebra Manual
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− | <noinclude>{{Manual Page|version=5.0}}</noinclude>{{command| financial | + | <noinclude>{{Manual Page|version=5.0}}</noinclude>{{command| financial}} |
− | + | ;Rate( <Number of Periods>, <Payment>, <Present Value>, <Future Value (optional)>, <Type (optional)>, <Guess (optional)> ) | |
− | ;Rate | ||
:Returns the interest rate per period of an annuity. | :Returns the interest rate per period of an annuity. | ||
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*<b><Present Value></b> Total amount that a series of future payments is worth now. | *<b><Present Value></b> Total amount that a series of future payments is worth now. | ||
*<b><Future Value (optional)></b> A cash balance you want to attain after the last payment. If you do not enter a future value, it is assumed to be 0. | *<b><Future Value (optional)></b> A cash balance you want to attain after the last payment. If you do not enter a future value, it is assumed to be 0. | ||
− | *<b><Type (optional)></b> Indicates when payments are due. If you do not enter a value or you enter 0 the payment is due at the end of the period | + | *<b><Type (optional)></b> Indicates when payments are due. If you do not enter a value or you enter 0 the payment is due at the end of the period. If you enter 1 it is due at the beginning of the period. |
*<b><Guess (optional)></b> Your guess for what the rate will be. | *<b><Guess (optional)></b> Your guess for what the rate will be. | ||
− | :{{example| 1=<div><code><nowiki>Rate | + | :{{example| 1=<div><code><nowiki>Rate(5*12, -300, 10000)</nowiki></code> yields a monthly rate of 0.02 (2%). </div> {{note|1=If you make monthly payments on a five-year loan use 5*12 for <code><nowiki><Number of Periods></nowiki></code>.}}}} |
+ | {{note|1=For all arguments, cash paid out is represented by negative numbers and cash received by positive numbers..}} | ||
− | {{note|1= | + | {{note| 1=See also [[Payment Command|Payment]], [[Periods Command|Periods]], [[PresentValue Command|Present Value]] and [[FutureValue Command|Future Value]] commands.}} |
Latest revision as of 11:55, 3 October 2017
- Rate( <Number of Periods>, <Payment>, <Present Value>, <Future Value (optional)>, <Type (optional)>, <Guess (optional)> )
- Returns the interest rate per period of an annuity.
- <Number of Periods> Total number of payments for the loan.
- <Payment> The amount paid in each period.
- <Present Value> Total amount that a series of future payments is worth now.
- <Future Value (optional)> A cash balance you want to attain after the last payment. If you do not enter a future value, it is assumed to be 0.
- <Type (optional)> Indicates when payments are due. If you do not enter a value or you enter 0 the payment is due at the end of the period. If you enter 1 it is due at the beginning of the period.
- <Guess (optional)> Your guess for what the rate will be.
- Example:
Rate(5*12, -300, 10000)
yields a monthly rate of 0.02 (2%).Note: If you make monthly payments on a five-year loan use 5*12 for<Number of Periods>
.
Note: For all arguments, cash paid out is represented by negative numbers and cash received by positive numbers..
Note: See also Payment, Periods, Present Value and Future Value commands.