RRI |
RRI(nper, pv, fv) |
Returns the equivalent interest rate for the growth of an investment. |
nper | The total number of periods. |
pv | The present value of the investment. |
fv | The future value of the investment. |
REMARKS |
* The RRI stands for Rate of Return on Investment. * The "nper" is the number of compounding periods. * This function was added in Excel 2013. * For the Microsoft documentation refer to support.microsoft.com * For the Google documentation refer to support.google.com |
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1 - What is the equivalent interest rate when an investment increases from £9,000 to £10,000 over 4 periods. 2 - What is the equivalent interest rate when an investment increases from £50 to £100 over 10 periods. |
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