The AMORDEGRC function

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The AMORDEGRC The function uses the following syntax:

AMORDEGRC (cost, date of purchase, first period, Recovery, period, rate, [basis])

Important: Dates must be entered using the DATE function, or as a consequence of other formulas or functions. As an example, use DATE (2016,5,23) For the day 23 May 2016. Problems can arise if dates are entered as text.

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