But, doing this calculation manually or even with a calculator can be cumbersome. Here’s where the RATE function in MS Excel can be useful — it gives the answer in a jiffy.

Excel provides several options for calculating financial values, including functions and operators. You can access a variety of functions from the Functions Library on the Formulas tab of the ...

You can calculate this with the RATE function by filling its five fields — Nper (number of periods - 12), Pmt (periodic investment – 5000 with a minus sign), Pv (present value – 0), Fv ...

Excel 2013 provides the DATE and XIRR functions, which derive the final annual interest rate from a series of payments on known dates.

Calculating CAGR or Compound Annual Growth Rate in Microsoft Excel is super easy. You will have to use the RRI function to get the job done.