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RRI Function in Excel: Syntax, Examples and Free Practice

By Rinkesh Shah, founder of Cellgrids.

RRI is an Excel Financial function. Returns an equivalent interest rate for the growth of an investment.

RRI syntax

=RRI(nper, pv, fv)

Arguments

When to use RRI

RRI is used in loan, investment, or valuation models where precise financial math is required.

Practice RRI online, free

Open the live Excel-style spreadsheet and try RRI yourself. No Excel install or sign-up needed to start.

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Frequently asked questions

What does the RRI function do in Excel?

Returns an equivalent interest rate for the growth of an investment.

What is the syntax of RRI in Excel?

The syntax is =RRI(nper, pv, fv). nper: The total number of payment periods; pv: The present value of the amount; fv: The future value of the amount.

Where can I practice RRI online for free?

Open the free live spreadsheet on Cellgrids and try RRI yourself. No Excel install is needed and you can start without signing up.

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