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A rate card, also known as a rate sheet, is a structured table or list that sets out the different list prices that apply to a range of services provided to enable the buyer to compare the options available. It is typically the standard published rates and therefore the maximum price a buyer will be expected to pay.
Rate sheets are used to accurately identify employee job costs by setting a custom wage for certain time-tracking events such as billable hours, break time, lunch, time off, and travel time.
Rate sheets are essential tools used by mortgage lenders to determine the pricing of loans. Daily updates reflect current market conditions, guaranteeing lenders and borrowers access to the most competitive rates. For mortgage brokers, understanding how to read a rate sheet is fundamental to their role.
The formula for using the RATE function in Excel is as follows. =RATE(nper,pmt,pv,[fv],[type],[guess]) =RATE(16,84k,2,,1mm,0)*2. =RATE(5,,100mm,-125mm)
At its core, a rate sheet is a document that outlines the billing rates for temporary or contract workers provided by a staffing agency or an Employer of Record (EOR).
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Creating Your Rate Card Company name. Contact information. Rate for each service line, including whether its hourly or lump sum. Additional costs (for example, travel costs) Applicable discounts (for example, for non-profits)

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