# How do you calculate Mirr on a financial calculator?

**calculate**the

**MIRR**of an investment by

**calculating**the future value of the investment's cash flows using the reinvestment rate, and then

**calculating**the rate of return that grows the cost of the investment to the future value of the reinvested cash flows.

Likewise, what is the difference between IRR and MIRR?

**IRR** is the discount amount for investment that corresponds **between** initial capital outlay and the present value of predicted cash flows. **MIRR** is the price **in the** investment plan that equalizes the latest value of cash inflow to the first cash outflow. Project cash flows are reinvested at the cost of capital.

Also, how do you calculate IRR manually? **Example: You invest $500 now, and get back $570 next year.** **Use an Interest Rate of 10% to work out the NPV.**

- You invest $500 now, so PV = −$500.00. Money In: $570 next year.
- PV = $518.18 (to nearest cent) And the Net Amount is:
- Net Present Value = $518.18 − $500.00 = $18.18.

Furthermore, how do I calculate net present value?

**Formula for NPV**

- NPV = (Cash flows)/( 1+r)i.
- i- Initial Investment.
- Cash flows= Cash flows in the time period.
- r = Discount rate.
- i = time period.

What is CFj on calculator?

The net present value (NPV) function is used to discount all cash flows using an annual nominal interest rate that is supplied. Enter the cash flows using **CFj** and Nj. Store the annual nominal interest rate in I/YR, and press SHIFT, then NPV.