When you calculate the rate of return on your investment, you can apply the formula for finding the future value of an ordinary annuity, solving for the required rate of return. You can use the RATE function in Excel to estimate the interest rate per period for an annuity.
This open-access Excel template is a useful tool for bankers, investment professionals, corporate finance practitioners, and portfolio managers.
Annuity is among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum. Gain valuable insights into the subject with our Math for Finance course.
You can also explore other related templates such as—Present Value of Annuity, Future Value of Annuity, and Present Value of Perpetuity.