## How do you use MIRR in Google Sheets?

The MIRR function in Google Sheets allows you to calculate the internal rate of return for a series of cash flows. To use the function, you first need to enter the dates for each of the cash flows, as well as the amount of the cash flow. You then need to enter the interest rate for each of the periods. The MIRR function will calculate the internal rate of return for you and return it as a decimal.

## What is the syntax of MIRR in Google Sheets?

The syntax of MIRR in Google Sheets is: =MIRR(values,type) where "values" is the array of cash flows and "type" is the type of cash flow.

## What is an example of how to use MIRR in Google Sheets?

MIRR, or Modified Internal Rate of Return, is a calculation used to determine the profitability of an investment. In order to use MIRR in Google Sheets, you will need to know the following:

- The amount of the initial investment

- The amount of the final investment

- The number of periods the investment will be held

- The interest rate for each period

- The initial investment's tax rate

- The final investment's tax rate

Once you have gathered this information, you can use the following equation in Google Sheets: =MIRR(rate, nper, pmt, pv, fv, type)

where:

- "rate" is the interest rate for each period

- "nper" is the number of periods the investment will be held

- "pmt" is the amount of the periodic payment

- "pv" is the present value of the investment

- "fv" is the future value of the investment

- "type" is 0 for payments made at the beginning of the period and 1 for payments made at the end of the period

## When should you not use MIRR in Google Sheets?

MIRR should not be used when there is a negative cash flow for the period being analyzed. This is because the MIRR calculation will use the negative cash flow as the discount rate, which will result in an inflated value for the project.

## What are some similar formulae to MIRR in Google Sheets?

MIRR (modified internal rate of return) is a formula used to calculate the profitability of an investment. It takes into account the cost of the investment, the expected return, and the time value of money.

There are several similar formulae to MIRR in Google Sheets. The NPV (net present value) formula calculates the present value of all cash flows from a given investment. The IRR (internal rate of return) formula calculates the rate of return of a series of cash flows over time. The TVM (time value of money) formula calculates the present and future value of cash flows.