Modified Internal Rate of Return (MIRR) Calculator Online

Modified Internal Rate of Return (MIRR) Calculator

Cash Flows

Enter the initial investment as a negative number (e.g., -10000), followed by cash flows.

The Modified Internal Rate of Return (MIRR) Calculator is an advanced tool designed to evaluate the profitability of investments by calculating the MIRR. Unlike the standard IRR, MIRR accounts for the cost of capital (finance rate) and the rate at which positive cash flows are reinvested (reinvestment rate), providing a more realistic return metric. Users input a compounding frequency, finance rate, reinvestment rate, and a series of cash flows (initial investment typically negative).

How to Use Modified Internal Rate of Return (MIRR) Calculator Online ?

Using the Modified Internal Rate of Return (MIRR) Calculator is intuitive and efficient. Follow the steps below to evaluate your investment’s MIRR in seconds.

Step-by-Step Instructions:

  • Select Frequency: Choose the compounding frequency (e.g., Annual, Quarterly).
  • Enter Finance Rate: Input the annual finance rate (e.g., 8%).
  • Enter Reinvestment Rate: Input the annual reinvestment rate (e.g., 5%).
  • Add Cash Flows: Input the initial investment as a negative number (e.g., -$10,000) and subsequent cash flows (e.g., $4,000). Click “Add Cash Flow” to include more periods or “Remove” to delete unnecessary ones.
  • Calculate: Click “Calculate MIRR” to view your results.
  • Review Results: See the MIRR (e.g., “Modified Internal Rate of Return (MIRR): 7.0770%”).

Why Use Modified Internal Rate of Return (MIRR) Calculator Online?

Our Modified Internal Rate of Return (MIRR) Calculator is a top choice for financial analysis. Here’s why it stands out:

  • MIRR Calculation: Computes MIRR by balancing future value of positive cash flows and present value of negative cash flows.
  • Compounding Frequency: Supports annual, semi-annual, quarterly, or monthly calculations.
  • Dynamic Cash Flow Fields: Add up to 20 cash flow periods, with a minimum of two, and remove fields as needed.
  • Decimal Support: Allows precise inputs for rates and cash flows (e.g., 8.25% or -$10,000.50).
  • High Precision: Displays MIRR to four decimal places (e.g., “Modified Internal Rate of Return (MIRR): 7.0770%”).
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