- Joined
- Mar 25, 2011
- Messages
- 55
A $20,000 investment was forecasted to produce a level annuity cash flow of $3,100 per year
(
EOY) for ten years. What is the IRR?
--
I don't want to do it via HP10BII, though I tried Newton's iteration, its never ending, not found?
Hope someone write easiest formula/trial-error approach to calculate IRR.
There is an alternative way:
irr = iL + [(iU-iL)(npvL)] / [npvL-npvU]
But it takes time, too.
(
EOY) for ten years. What is the IRR?
--
I don't want to do it via HP10BII, though I tried Newton's iteration, its never ending, not found?
Hope someone write easiest formula/trial-error approach to calculate IRR.
There is an alternative way:
irr = iL + [(iU-iL)(npvL)] / [npvL-npvU]
But it takes time, too.