VB.NET Language Pocket Reference

Name

Rate Function — Microsoft.VisualBasic.Financial

Rate(nper, pmt, pv[, fv[, due[, guess]]])

nper required; Double: The total number of periods in the annuity.
pmt required; Double: The payment amount per period.
pv required; Double: The present value of the payments or future receipts.
fv optional; Double: The future value or cash balance after the final payment. If omitted, its value defaults to 0.
due optional; DueDate enumeration: A flag indicating whether payments are due at the beginning of the payment period (a value of DueDate.BegOfPeriod) or at the end of the payment period (a value of DueDate.EndOfPeriod, the default).
guess optional; Double: An estimate of the value to be returned by the function. If omitted, its value defaults to .1 (10%).

A Double representing the interest rate per period

Calculates the interest rate for an annuity (a loan or an investment) that consists of fixed payments over a known duration.

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