Calculate interest rate

Bill R

New Member
Joined
Jul 29, 2015
Messages
31
$1,000 grows to $1,000,000 in 200 periods at what interest rate? thanks :confused:
 

Dave Patton

Well-known Member
Joined
Feb 15, 2002
Messages
3,809
<b>Excel 2010</b><table cellpadding="2.5px" rules="all" style=";background-color: rgb(255,255,255);border: 1px solid;border-collapse: collapse; border-color: rgb(187,187,187)"><colgroup><col width="25px" style="background-color: rgb(218,231,245)" /><col /><col /><col /><col /></colgroup><thead><tr style=" background-color: rgb(218,231,245);text-align: center;color: rgb(22,17,32)"><th></th><th>A</th><th>B</th><th>C</th><th>D</th></tr></thead><tbody><tr ><td style="color: rgb(22,17,32);text-align: center;">1</td><td style="text-align: right;;">1,000.00</td><td style="text-align: right;;">200</td><td style="text-align: right;;">1,000,000.00</td><td style="text-align: right;;">4%</td></tr></tbody></table><p style="width:1.2em;font-weight:bold;margin:0;padding:0.2em 0.6em 0.2em 0.5em;border: 1px solid rgb(187,187,187);border-top:none;text-align: center;background-color: rgb(218,231,245);color: rgb(22,17,32)">2c</p><br /><br /><table width="85%" cellpadding="2.5px" rules="all" style=";border: 2px solid black;border-collapse:collapse;padding: 0.4em;background-color: rgb(255,255,255)" ><tr><td style="padding:6px" ><b>Worksheet Formulas</b><table cellpadding="2.5px" width="100%" rules="all" style="border: 1px solid;text-align:center;background-color: rgb(255,255,255);border-collapse: collapse; border-color: rgb(187,187,187)"><thead><tr style=" background-color: rgb(218,231,245);color: rgb(22,17,32)"><th width="10px">Cell</th><th style="text-align:left;padding-left:5px;">Formula</th></tr></thead><tbody><tr><th width="10px" style=" background-color: rgb(218,231,245);color: rgb(22,17,32)">D1</th><td style="text-align:left">=RATE(<font color="Blue">B1,0,-A1,C1</font>)</td></tr></tbody></table></td></tr></table><br />
 

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