Syntax
=RRI(nper, pv, fv)Arguments
| Argument | Required | Description |
|---|---|---|
nper | Required | The number of periods |
pv | Required | The present value |
fv | Required | The future value |
How to use RRI
RRI takes 3 required arguments. Type =RRI( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.
Examples
Each result below was calculated by the SheetsBat formula engine.
=RRI(96, 10000, 11000)Result Related financial functions
- PRICEMATReturns the price per 100 face value of a security that pays interest at maturity.
- PVReturns the present value of a series of equal future payments.
- RATEReturns the interest rate per period of a loan or investment, found by iteration.
- RECEIVEDReturns the amount received at maturity for a fully invested security.
- SLNReturns the straight line depreciation of an asset for one period.
- SYDReturns the sum of years' digits depreciation of an asset for a period.
- TBILLEQReturns the bond equivalent yield of a Treasury bill.
- TBILLPRICEReturns the price per 100 face value of a Treasury bill.
- TBILLYIELDReturns the yield of a Treasury bill.