Excel and Google Sheets have three functions to calculate the internal rate of return: IRR, XIRR, and MIRR. Learn how these functions can calculate investment returns.

Using the Functions in Excel: XIRR The extended internal rate of return (XIRR) function in Excel assumes irregular payment dates rather than estimates for annual periods.

Using the XIRR function to compute the IRR for both projects demonstrates that the expansion project would produce an internal rate of return of 14.5%, while the new machine purchase would ...

What is XIRR? Extended internal rate of return, or XIRR, is a financial metric used to calculate return on investments where multiple transactions occur at different time periods.

Excel's built-in XIRR function allows investors to input cash flows and their respective dates to get an accurate rate of return.

Before you begin using the mutual fund sip return calculator using the XIRR function, keep these 4 things handy – Investment dates, Investment amount, Redemption date and Redemption amount.

The XIRR function calculates an annual return that would make the net present value of the cash flows equal to zero. You can think of it as an average annual return for your investment.