April 2002
Intermediate to advanced
688 pages
19h 51m
English
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Name
MIRR Function
Class
Microsoft.VisualBasic.Financial
Syntax
MIRR(valuearray( ),financerate, reinvestrate)
-
valuearray( ) (required; Array of Double) An array of cash flow values
-
financerate(required; Double) The interest rate paid as the cost of financing
-
reinvestrate(required; Double) The interest rate received on gains from cash investment
Return Value
A Double representing the modified internal rate of return
Description
Calculates the modified internal rate of return, which is the internal rate of return when payments and receipts are financed at different rates
Rules at a Glance
valuearraymust be a one-dimensional array that contains at least one negative value (a payment) and one positive value (a receipt). The order of elements within the array should reflect the order in which payments and receipts occur.financerateandreinvestrateare percentages expressed as decimal values. For example, 10% is expressed as 0.10.
Programming Tips and Gotchas
Each element of valuearray represents a
payment or a receipt that occurs at a regular time interval. If this
is not the case, MIRR will return erroneous
results.
See Also
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.