Leaving data volume aside, the built-in IRR Excel function doesn’t perform periodic calculations. Instead, it expects data to be modeled in Excel on a monthly basis, creating internal time waste and ...

Earlier, we had seen how the RATE function can be used to calculate the return on investments, whether lump-sum or periodic. This can come in handy in the calculation of SIP returns, too.

What is the internal rate of return (IRR)? This article explains the concept of IRR, how to calculate it, why it’s used and its importance.

Overview Functions like INDEX MATCH, SUMIF, and XNPV allow professionals to work smarter, not harder, especially when handling large or complex data sets.Using ...