How to calculate annual percentage rate (APR) in MS Excel? APR or Nominal Rate in Excel

How to calculate annual percentage rate (APR) in MS Excel? APR or Nominal Rate in Excel

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How to calculate the annual percentage rate (APR) in Excel? APR or Standard rate or Nominal Rate in Excel
In this video, you will find a way annual percentage rate (APR), Standard rate and Nominal Rate in Microsoft excel. In excel has only one function nominal to find APR or Nominal rate in excel. Actually Apr and nominal both are the same concepts the only name is changed.

Calculate the annual percentage rate (APR), Standard rate and Nominal rate in MS Excel.
In this video, I explain the formula of annual percentage rate (APR), Standard rate and Nominal rate annually, SemiAnnually, Quarterly, Monthly, Bi-Weekly, Weekly, daily, hours, minutes and infinite case as well.
Here is one interesting point, you must note down, Excel doesn’t have a direct formula to calculate the annual percentage rate, APR and Nominal rate in case of infinite (continuous compounding). We used the indirect method to get annual percentage rate, APR and Nominal rate in case of infinite in MS Excel.

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