Difference between revisions of "Rate Command"
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Noel Lambert (talk | contribs) (type = financial) |
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<noinclude>{{Manual Page|version=5.0}}</noinclude>{{command| financial}}{{betamanual|version=5.0}} | <noinclude>{{Manual Page|version=5.0}}</noinclude>{{command| financial}}{{betamanual|version=5.0}} | ||
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+ | ;Rate[ <Number of Periods>, <Payment>, <Present Value>, <Future Value (optional)>, <Type (optional)>, <Guess (optional)> ] | ||
+ | :Returns the interest rate per period of an annuity. | ||
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+ | *<b><Number of Periods></b> Total number of payments for the loan. | ||
+ | *<b><Payment></b> The amount paid in each period. | ||
+ | *<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><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 and if you enter 1 at the beginning. | ||
+ | *<b><Guess (optional)></b> Your guess for what the rate will be. | ||
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+ | :{{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..}} |
Revision as of 10:43, 13 August 2014
This page is about a feature that is supported only in GeoGebra 5.0. |
- 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 and if you enter 1 at the beginning.
- <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..