MS Excel and Google Sheets have three functions for calculating the IRR. When using different borrowing rates of reinvestment, a modified MIRR is the formula to use. The XIRR function accounts for ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Khadija Khartit is a strategy, investment, and funding expert ...

The NPV is zero if the discount rate equals the IRR. The project will break even and have an NPV of zero if the cost of capital equals the return of capital. The Excel formula for calculating the ...

If the payments are paid monthly or quarterly, our formula is slightly different to adjust for the non-annual payment schedule. The internal rate of return calculation is by definition annual ...

How to calculate IRR The IRR formula is complex, so it's rarely calculated manually. In most cases, investors use an IRR calculator or an Excel spreadsheet, which has a built-in function to ...