RRI function - Zoho Sheet - Help Guide

RRI

Returns the interest rate required for an investment to reach a value in a given period.

 

Syntax

 

RRI(nper; pv; fv)

nper: The number of periods in the term. Eg., 12

pv: The value at the start of the term. Eg., 10000
fv: The value at the end of the term. Eg., 4500

 

Remark

  • If the value of fv is 0, the result given is -1 (-100%).


Examples  

 

Formula

Result

=RRI(A2;B2;C2)

-0.064376669

=RRI(A3;B3;C3)

-0.474694439

=RRI(A4;B4;C4)

0.148698355


Get a hands-on experience of the function in the embedded range below. 



Possible Errors

 

Errors

Meaning

#N/A!

  • The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.

#NAME!

  • The function name is incorrect or invalid.

  • The given defined name (if any) is invalid.

  • There is a typo in the defined name used in the function.

  • Double quotes are missing for text values in the function.

  • Colon missing in a cell range reference.

#VALUE!

  • The given argument's data type is incorrect or invalid.
    For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.

#REF!

  • The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved or pasted over.

#UNKNOWN_ERROR

  • The value of pv or fv is less than 0.