Syntax

RATE(number_of_periods, payment_per_period, present_value, [future_value], [end_or_beginning], [rate_guess])

Arguments

The printed syntax lists 6 argument(s), in order:

  • number_of_periods
  • payment_per_period
  • present_value
  • uture_valu optional
  • nd_or_beginnin optional
  • ate_gues optional

“optional” marks an argument Google prints in square brackets; “repeatable” marks one Google prints with “…”.

Description from Google Docs Editors Help

“Calculates the interest rate of an annuity investment based on constant-amount periodic payments and the assumption of a constant interest rate.”

Google’s help article for RATE →

Source: Google Docs Editors Help, “Google Sheets function list” (support.google.com/docs/table/25273), record record 114 of 516, data fetched 28 September 2026. Data month: September 2026.