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ODFF: INTRATE function

From
David King <>
Date
2008-09-05T17:35:41+00:00
ID
48C17C1E.14469.1360AF8@localhost
Thread
ODFF: INTRATE function
ODFF 28Jun08:

There's a formula for the function here:

http://wiki.services.openoffice.org/wiki/Documentation/How_Tos/Ca
lc:_INTRATE_function

This is another function (like RECEIVED) where the year has to be 
identified in basis 1. Calc and Excel do it differently. It needs 
specifying in ODFF.

Again, the formula does not allow for compounding of the 
interest, so seems to me to be most applicable (or only 
applicable) to short term investments ( < 1 year )

D
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