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.

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