mathematical formula of rate

M

mich

what is the mathematical formula of RATE(nper,pmt,pv,fv,type,guess);
i have the pmt, the number of payments, and the present value i need to
calculate the rate on paper
 
M

mich

hello robert111,
thanks for the information it was helpfull, but i need to calculate the rate
in this formula:
pmt= pv * i / 1 - (1/(1+i)^n)
where i=rate, n=period, pmt=annuity, pv=present value
i=?
 

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