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XLeratorDLL/financial Documentation

.NET equivalent rate function


PERIODRATE
Updated: 31-Mar-2016
Use the .NET function PERIODRATE to calculate the nominal rate for a loan or other financial instrument when the compounding period of the quoted rate and the compounding period for the calculation of the loan are different. For example, if you wanted to turn a semi-annually compounded rate into its equivalent monthly-compounded rate.


View .Net PERIODRATE function full documentation...


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