Rate
Name | Rate |
Syntax | Rate (Real numPeriods, Real Pmt, Real PV) |
Purpose | To return the interest rate per period for an annuity. |
Description | Returns the interest rate per period for an annuity. |
Return Type | Double |
Parameters | numPeriods [System.Double] Pmt [System.Double] PV [System.Double] |
Example
In this example, we will be passing the required parameters to the function transformation object using a Variables object.
Where,
numPeriods = 5
Pmt = 10
PV = 3500
Right-click on the function transformation object and select Preview Output. You can see that Astera Data Stack has applied the Rate function, and returned the Interest rate value.