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Rate and Nper Functions

Wayne Winston
Wayne Winston March 9, 2017

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This video shows how to use the RATE function to find the maximum interest rate a borrower can tolerate and using the NPER function to determine the number of periods needed to pay off a loan given the size and annual rate for the loan.

These are the two files needed to follow along to this video:

RATE NPER START

RATE NPER FINISH

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