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Tag: rate

financial rate function in javascript not working properly

the function given at simple financial rate function in javascript is not giving me same answers as excel rate function some time. It works perfectly for the problem given at http://allfinancialmatters.com/2009/11/03/how-to-use-the-rate-function-in-excel/ but for my test cases. its results are different from excel rate. this is strange behaviour. i am unable to sort this out. my test cases (with excel output)

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