how to calculate interest rate
Posted: Wed Jul 16, 2014 9:15 am
Dear all,
how to calculate the interest rate in tm1? if we use excel, the formula is (=rate(nper,pmt,pv)..
but when i try use this formula in tm1, it cannot..
i have 2 dimensions,(dim a and dim b)
dim a have 4 elements, such as
-present value
-periode
-pmt (use paymt formula)
-rate
and dim b just for write the value..
for the example, i input present value 150.000.000, periode 60, and input the rate 5% manually not using the formula,
and i got the PMT 2.830.685
but how to calculate the rate, if we now the PV, periode and PMT?
what the formula's we use?
please help me..
thanks
Admin Note: Moved to the correct forum. This does not belong in General.
how to calculate the interest rate in tm1? if we use excel, the formula is (=rate(nper,pmt,pv)..
but when i try use this formula in tm1, it cannot..
i have 2 dimensions,(dim a and dim b)
dim a have 4 elements, such as
-present value
-periode
-pmt (use paymt formula)
-rate
and dim b just for write the value..
for the example, i input present value 150.000.000, periode 60, and input the rate 5% manually not using the formula,
and i got the PMT 2.830.685
but how to calculate the rate, if we now the PV, periode and PMT?
what the formula's we use?
please help me..
thanks
Admin Note: Moved to the correct forum. This does not belong in General.