NPV

Data Description
0.1 Annual discount rate
-10000 Initial cost of investment one
year from today
3000 Return from first year
4200 Return from second year
6800 Return from third year
Formula Description Result
$1,188.44 Net present value of this $1,188.44
investment

0.08 Annual discount rate

-40000 Initial cost of investment
8000 Return from first year
9200 Return from second year
10000 Return from third year
12000 Return from fourth year
14500 Return from fifth year
Formula Description Result
$1,922.06 Net present value of this $1,922.06
investment
IRR
Data Description
($70,000) Initial cost of a business
$12,000 Net income for the first year
$15,000 Net income for the second year
$18,000 Net income for the third year
$21,000 Net income for the fourth year
$26,000 Net income for the fifth year
Formula Description
-2.1% Investment's internal rate of return after
four years
8.7% Internal rate of return after five years

-44.4% To calculate the internal rate of return

after two years, you need to include a
guess (in this example, -10%).
Result
-2.10%

8.70%

-44.40%
MIRR
Data Description
-120000 Initial cost
39000 Return first year
30000 Return second year
21000 Return third year
37000 Return fourth year
46000 Return fifth year
0.1 Annual interest rate for the 120,000
loan
0.12 Annual interest rate for the reinvested
profits
Formula Description Result
13% Investment's modified rate of return 13%
after five years
-5% Modified rate of return after three years -5%

13% Five-year modified rate of return based 13%

on a reinvest_rate of 14 percent
XIRR
Data
Values Dates
-10,000 1-Jan-08
2,750 1-Mar-08
4,250 30-Oct-08
3,250 15-Feb-09
2,750 1-Apr-09
Formula Description (Result) Result
37.34% The internal rate of return 37.34%