Difference between revisions of "Rate Command"
From GeoGebra Manual
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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. | ||
Revision as of 09:46, 14 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. 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.