Rate (FV)

Name	Rate (FV)
Syntax	Rate (Real numPeriods, Real Pmt, Real PV, Real FV)
Purpose	To return the interest rate per period for an annuity.
Description	Returns the interest rate per period for an annuity. Also considers the Future Value.
Return Type	Double
Parameters	numPeriods [System.Double] Pmt [System.Double] PV [System.Double] FV [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

FV = 5000

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, while also considering the future value.