The Excel formula for calculating the discount rate is =RATE (nper, pmt, pv, [fv], [type], [guess]). It’s often used to calculate the interest rate for a loan or determine the rate of return ...

Daily interest rate = Annual interest rate / 365 Next, multiply this rate by the number of days for which you want to calculate the accrued interest. Finally, multiply by the account balance in ...

Calculating the interest rate using the present value formula can, at first, seem impossible. However, with a little math and some common sense, anyone can quickly calculate an investment's ...

Need cash now? Use our Personal Loans Tool to lock in great offers in minutes! Calculating the interest rate on a personal loan can be difficult. Most lenders use simple interest rather than ...