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RATE function?

Question asked by nolie on Nov 3, 2008
Latest reply on Nov 3, 2008 by TSGal


RATE function?


I am an old Access user making the transition to Filemaker Pro.  There is no RATE function in Filemaker which returns the internal rate of return of an investment or equity.  The first question would be why not?  This is a standard function that all spreadsheets and databases have.  Next question does anyone have a solution for this or a resource for finding it.  Any help will be greatly appreciated.