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Calculate interest rate for loan
To calculate the periodic interest rate for a loan, given the loan amount, the number of payment periods, and the payment amount, you can use the RATE function. In the example shown, the formula in C10 is: =RATE(C7,C6,-C5)*12
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Student Loan repayment is essential for a healthy credit score. Watch this video to know about some interesting student loan repayment strategies. Click on the link to know more: https://bit.ly/3DUjqmS #studentloans #educationloan #loanrepayment #financialplanning #loanmanagement #studyabroad #explorepage #internationalstudents | Avanse Financial Services
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