RATE
Supported, behaves as documentedCategory: Financial · Last tested 2026-08-06
Real, executed compatibility results for the RATE function across Microsoft Excel, Google Sheets, and LibreOffice Calc — verified by actually running it. Syntax and links to each vendor’s official documentation are below.
Support matrix
| Engine | Documented | Live-tested | Verdict |
|---|---|---|---|
| Excel | Yes | Not yet | n/a |
| Google Sheets | Yes | Not yet | n/a |
| LibreOffice Calc | Yes | Yes (25.8.7.3, 2026-08-06) | Supported, behaves as documented |
LibreOffice version history
We executed the same test cases under each LibreOffice release to show exactly when RATE’s support changed — not documentation claims, real results.
| LibreOffice version | Verdict | Tested |
|---|---|---|
| 25.2.0.3 | Supported, behaves as documented | 2026-07-24 |
| 25.8.7.3 | Supported, behaves as documented | 2026-08-06 |
Executed test cases
LibreOffice Calc 25.8.7.3 (tested 2026-08-06)
| Formula | Description | Result | Expected | Verdict |
|---|---|---|---|---|
| =ROUND(RATE(360,-1798.65,300000)*12,4) | Inverting the PMT mortgage case: 360 payments of $1,798.65 on $300k recovers the 6% annual rate (iterative solver; all engines must converge) | 0.06 | 0.06 | Matched |
Docs & syntax
- Excel: official documentation
- Google Sheets: official documentation
- LibreOffice Calc: official documentation