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If you want to calculate the internal rate of return (IRR), how do you isolate r ?
Like for example 4000 = 1200 / (1+r)^1 + 1410 / (1+r)^2 + 1875 / (1+r)^3 + 1050 / (1+r)^4
Do you have to use the secant method, or is there another way to do it ?
Hi,
If you want to calculate the internal rate of return (IRR), how do you isolate r ?
Like for example 4000 = 1200 / (1+r)^1 + 1410 / (1+r)^2 + 1875 / (1+r)^3 + 1050 / (1+r)^4
Do you have to use the secant method, or is there another way to do it ?
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