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| − | <div style="font-size:30px">'''IRR(v,g)'''</div><br/> | + | <div style="font-size:30px">'''IRR (CashFlowEvents,StartGuess,Accuracy,NoOfIterations)'''</div><br/> |
| − | *<math>v</math> is the array of values. | + | *<math>CashFlowEvents</math> is the array of values. |
| − | *<math>g</math> is the number is close to the result of IRR. | + | *<math>StartGuess</math> is the number is close to the result of IRR. |
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| | ==Description== | | ==Description== |
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| | *The Internal Rate of Return is the interest rate that makes the Net Present Value zero. | | *The Internal Rate of Return is the interest rate that makes the Net Present Value zero. |
| | *<math>IRR</math> is similar to the net present value calculation. | | *<math>IRR</math> is similar to the net present value calculation. |
| − | *In <math>IRR(v,g)</math>,<math>v</math> is an values which is the array or a reference to cells that contain numbers for which you want to calculate the internal rate of return. | + | *In <math>IRR (CashFlowEvents,StartGuess,Accuracy,NoOfIterations)</math>,<math>CashFlowEvents</math> is an values which is the array or a reference to cells that contain numbers for which you want to calculate the internal rate of return. |
| | *<math>g</math> is the guess which is indicating the number that you guess is close to the result of <math>IRR</math>. | | *<math>g</math> is the guess which is indicating the number that you guess is close to the result of <math>IRR</math>. |
| − | *<math>v</math> must have atleast one positive and one negative value to find the internal rate of return. | + | *<math>CashFlowEvents</math> must have atleast one positive and one negative value to find the internal rate of return. |
| − | *The value of <math>v</math> can be array or reference argument contains text, logical values or empty cells, the values which are ignored. | + | *The value of <math>CashFlowEvents</math> can be array or reference argument contains text, logical values or empty cells, the values which are ignored. |
| − | *The <math>g</math> value is optional, when we are omitting the <math>g</math> value,by default it will consider the value as 10%(0.1). | + | *The <math>StartGuess</math> value is optional, when we are omitting the <math>StartGuess</math> value,by default it will consider the value as 10%(0.1). |
| | *The calculation of <math>IRR</math> uses an iterative method. | | *The calculation of <math>IRR</math> uses an iterative method. |
| | *The value is starting from g value and doing the calculation until the result is accurate within 0.00001%. | | *The value is starting from g value and doing the calculation until the result is accurate within 0.00001%. |