The Excel formula for calculating the discount rate is =RATE (nper, pmt, pv, [fv], [type], [guess]). It’s often used to calculate the interest rate for a loan or determine the rate of return ...

If you need to calculate the total monthly payment for any reason, the formula is as follows: You’ll need to divide your annual interest rate by 12. For example, if your annual interest rate is ...

Effective Tax Rate ... In this formula, Total Tax Expense includes federal, state, and local taxes. Total Taxable Income is the earnings before tax deductions and credits. The ETR calculation ...