## Calculated a weighted Average Interest Rate

Frequent Contributor
Posts: 76

# Calculated a weighted Average Interest Rate

Dear Sas Community:

I am trying to calculate a a weighted Average Interest Rate for a company that may have several subsidiaries that borrow at different interest rates.

I have the following table:

 CompanyNum SubsidiaryNum Amount Rate 1 23 45000000 355 1 24 35000000 405

I want the following table:

 CompanyNum Total Amount Weighted Average Rate 1 80000000 376.875

How can I do that using SAS Proc SQL. Any suggestions. Basically I would like to have my analysis at the company level.

Contributor
Posts: 42

## Re: Calculated a weighted Average Interest Rate

data watch;
input CompanyNum SubsidiaryNum Amount Rate;
datalines;
1 23 45000000 355
1 24 35000000 405
;

run;

proc sql;
select
CompanyNum,
sum(Amount) as Total_Amount,
sum(Amount*Rate)/sum(Amount) as wRate
from watch
group by CompanyNum;
quit;

Posts: 1,337

## Re: Calculated a weighted Average Interest Rate

[ Edited ]

Why not use the procedure that SAS intended for this purpose?  It would be easy to expand the number of vars, or request other statistics (std, var, min, max, median, various percentiles etc.)

proc summary data=have noprint nway ;

class companynum;

var rate;

weight amount;

output out=want (drop=_type_ _freq_) sumwgt(rate)=total_amount mean(rate)=wrate ;

run;

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