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<?xml version="1.0" encoding="UTF-8"?>
<helpdocument version="1.0">
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<meta>
<topic id="textsbasicshared03140003xml" indexer="include" status="PUBLISH">
<title id="tit" xml-lang="en-US">IRR Function [VBA]</title>
<filename>/text/sbasic/shared/03140003.xhp</filename>
</topic>
</meta>
<body>
<section id="irr">
<bookmark xml-lang="en-US" branch="index" id="bm_id3150499">
<bookmark_value>IRR function</bookmark_value>
</bookmark>
<paragraph id="hd_id3150499" role="heading" level="1" xml-lang="en-US"><link href="text/sbasic/shared/03140003.xhp" name="IRR Function [VBA]">IRR Function [VBA]</link></paragraph>
<paragraph id="par_id3151384" role="paragraph" xml-lang="en-US">Calculates the internal rate of return for an investment.</paragraph>
</section>
<embed href="text/sbasic/shared/00000003.xhp#vbasupport"/>
<embed href="text/sbasic/shared/00000003.xhp#functsyntax"/>
<bascode>
<paragraph id="par_id3143267" role="bascode" localize="false" xml-lang="en-US">IRR(Values() as Double , [Guess as Variant])</paragraph>
</bascode>
<embed href="text/sbasic/shared/00000003.xhp#functvalue"/>
<paragraph id="par_id3150669" role="paragraph" localize="false" xml-lang="en-US">Double</paragraph>
<embed href="text/sbasic/shared/00000003.xhp#functparameters"/>
<paragraph id="par_id061420170730135034" role="paragraph" xml-lang="en-US"><emph>Values(): </emph>The array of values of the cash-flow. The values represent cash flow values at regular intervals, at least one value must be negative (payments), and at least one value must be positive (income).</paragraph>
<paragraph id="par_id061420170730137782" role="paragraph" xml-lang="en-US"><emph>Guess</emph> An initial estimate at what the IRR will be.</paragraph>
<embed href="text/sbasic/shared/00000003.xhp#errorcode"/>
<embed href="text/sbasic/shared/00000003.xhp#err5"/>
<embed href="text/sbasic/shared/00000003.xhp#functexample"/>
<bascode>
<paragraph id="par_id06162017021753974" role="bascode" localize="false" xml-lang="en-US">REM ***** BASIC *****</paragraph>
<paragraph id="par_id061620170217534991" role="bascode" localize="false" xml-lang="en-US">Option VBASupport 1</paragraph>
<paragraph id="par_id061620170217535111" role="bascode" localize="false" xml-lang="en-US">Sub ExampleIRR</paragraph>
<paragraph id="par_id061620170217538573" role="bascode" localize="false" xml-lang="en-US"> Dim cashFlow(0 to 3) As Double</paragraph>
<paragraph id="par_id06162017021753515" role="bascode" localize="false" xml-lang="en-US"> cashFlow(0) = -10000</paragraph>
<paragraph id="par_id061620170217538580" role="bascode" localize="false" xml-lang="en-US"> cashFlow(1) = 3500</paragraph>
<paragraph id="par_id061620170217543462" role="bascode" localize="false" xml-lang="en-US"> cashFlow(2) = 7600</paragraph>
<paragraph id="par_id061620170217549769" role="bascode" localize="false" xml-lang="en-US"> cashFlow(3) = 1000</paragraph>
<paragraph id="par_id061620170217542970" role="bascode" localize="false" xml-lang="en-US"> irrValue = IRR(cashFlow) * 100</paragraph>
<paragraph id="par_id061620170217548258" role="bascode" xml-lang="en-US"> Print irrValue ' returns 11.3321028236252 . The internal rate of return of the cash flow.</paragraph>
<paragraph id="par_id061620170217544542" role="bascode" localize="false" xml-lang="en-US">End Sub</paragraph>
</bascode>
<section id="relatedtopics">
<paragraph id="par_id061420170153186192" role="paragraph" xml-lang="en-US"><link href="text/scalc/01/04060103.xhp#bm_id3153948">IRR function in CALC</link></paragraph>
<embed href="text/sbasic/shared/00000003.xhp#VBA-Financial"/>
</section>
</body>
</helpdocument>
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