You can use it to write Excel formulas, too, and the best part is that it's very straightforward. We'll walk you through the step-by-step process of how to make Excel formulas with ChatGPT.

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.

Learn how to calculate the internal rate of return (IRR) in Excel and how it’s used to determine whether a capital investment can be profitable.

Writing Excel formulas isn't easy if you don't speak the language. Fortunately, at least two sites will translate your request, in English, into Excel code.

The Difference Between Yield and IRR Calculations in Excel. When it comes to calculating interest rates for investments and bonds, the Yield and IRR formulas in Excel can quickly become your friends.

The IRR formula is complex, so it's rarely calculated manually. In most cases, investors use an IRR calculator or an Excel spreadsheet, which has a built-in function to determine a project's IRR.

The XIRR function first asks for the dates, followed by the cash flows, and then a guess at the IRR of 20%. The guess is not required, and Excel defaults to a guess of 10% if none is entered.