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Excel 2013 provides the DATE and XIRR functions, which derive the final annual interest rate from a series of payments on known dates.
Overview Functions like INDEX MATCH, SUMIF, and XNPV allow professionals to work smarter, not harder, especially when handling large or complex data sets.Using ...
Excel's built-in XIRR function allows investors to input cash flows and their respective dates to get an accurate rate of return.
But Microsoft Excel makes it easy. Using the Extended Internal Rate of Return (XIRR) function, you can calculate returns from any investment where there are multiple inflows or outflows.
You can calculate the XIRR in mutual funds or investment through formula in excel, which is “=XIRR (values, dates, guess).
XIRR is better for calculating returns on mutual funds with irregular cash flows, while CAGR is suitable for investments with regular cash flows.
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