CASCALC89 COMMAND · NOT ON THE TI-89
mirr(
Returns the modified internal rate of return, which uses separate finance and reinvestment rates.
Syntax
mirr(financeRate, reinvestRate, CF0, CFList[, CFFreq])
- Group
- Finance
- Arguments
- Takes the finance rate, the reinvestment rate, the initial cash flow, the list of following cash flows and an optional frequency list.
- Availability
- Pro feature in Calc89
- Origin
- TI-Nspire CAS style command; the TI-89 Titanium handheld does not have it
Example
| Input | Result |
|---|---|
| mirr(4.65,12,5000,{6000,-8000,2000,-3000},{2,2,2,1}) | 13.41608607 |
Typing mirr(4.65,12,5000,{6000,-8000,2000,-3000},{2,2,2,1}) on the home screen and pressing ENTER returns 13.41608607.
Related commands
- nom(Converts an effective annual interest rate into the nominal annual rate.
- npv(Returns the net present value of a series of cash flows at a given interest rate.
- tvmFV(Time value of money: returns the future value of a loan or savings plan.
- tvmI(Time value of money: returns the annual interest rate in percent.
- tvmN(Time value of money: returns the number of payment periods.
- tvmPmt(Time value of money: returns the payment per period, for example a monthly loan payment.
- tvmPV(Time value of money: returns the present value of a loan or savings plan.
- ΣInt(Returns the total interest paid over a range of loan payments.