Excel Functions in EAC ToolsExcel Functions in EAC Tools\Interest rate functionsInterest rate functions\PPA segment rates\SegRateText

SegRateText

SegRateText returns all three rates in a “/” delimited text string for the given month/year. This can be used as the interest rate parameter for various present value functions. These rates are published monthly at the IRS web site.

For example: for August 2017, the function returns “1.93/3.57/4.36”.

Syntax

SegRateText (Date, Month, [ForPlanYearBeg])

Parameter Name

Description

Year

Year or date (not before August 2007). Instead of a year, you may provide a date as m/d/year, in which case Month will be ignore.

Month

Month (not before August 2007). Ignored if Year is provided as a date.

ForPlanYearBeg

Needed only if year < 2013.
Cannot be before 2008.
Optional, not used if Year >= 2013.