How to calculate APR in Excel?
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How to calculate APR in Excel?
How to calculate APR in Excel? To calculate the Annual Percentage Rate (APR) in Excel, use the RATE function combined with multiplication. Assuming you have the number of periods (nper), payment per period (pmt), and present value (pv), the formula is `=RATE(nper, pmt, pv)periods_per_year`. For instance, if you have a loan with 36 monthly ...
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