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RRI

This function returns calculated interest rate for growth of investment.

Syntax

RRI(nper, pv, fv)

Arguments

This function has these arguments:

Argument

Description

nper

Number of periods for the investment

pv

Present value of the investment

fv

Future value of the investment

All the arguments of this function has positive values.

Remarks

If the passed arguments are invalid, this function returns an error value.

Data Types

Accepts numeric data. Returns numeric data.

Examples

RRI(96,10000,11000) gives the result 0.0009933