How to Calculate the Interest Rate (=RATE) in MS Excel

This video shows you how you can use MS Excel to calculate the periodic interest interest that one must earn in order for a present value to turn into a desired future value at a specific time period in the future. Specifically, I show how you can use the =RATE formula in Excel for this calculation.

ABOUT ME:
My name is Atif Ikram. I am a Clinical Professor of Finance at Arizona State University (W.P. Carey School of Business) where I teach undergraduate and graduate level courses in corporate finance, personal finance and real estate. I have also taught various courses in economics, corporate finance and investments and Rutgers University, Wayne State University and Lahore University of Management Sciences (LUMS). I have a Masters degree in Economics from LUMS, and a PhD degree in Finance from ASU.

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