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MIRR function
The MIRR function is one of the financial functions. It is used to calculate the modified internal rate of return for a series of periodic cash flows.
Syntax
MIRR(values, finance_rate, reinvest_rate)
The MIRR function has the following arguments:
Argument | Description |
---|---|
values | An array that contains the series of payments occuring at regular periods. At least one of the values must be negative and at least one positive. |
finance_rate | The interest rate paid on the money used in the cash flows. |
reinvest_rate | The interest rate received on the cash reinvestment. |
Notes
How to apply the MIRR function.
Examples
The figure below displays the result returned by the MIRR function.
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