Comment 4 for bug 1150956

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F.H. (fheinsen) wrote : Re: LibreOffice Calc's RATE function sometimes produces incorrect results!!!

Christopher -- sure. I just tried this on Google Drive's Spreadsheet and on Microsoft Excel:

=RATE(50,35,-250,0)

The result in both cases is approximately 0.1398.

When I try the same formula in LibreOffice, I get a nonsensical answer. (I sure hope no one out there is using this function to calculate important financial figures!) I'm using LibreOffice 3.5.7.2 Build ID: 350m1(Build:2) on Ubuntu 12.04 64-bit.

Hope this is helpful.