Doing so allows us to determine the internal rate of return (IRR) of a project ... in Excel is =RATE (nper, pmt, pv, [fv], [type], [guess]). NPV is the difference between the PV of cash flows ...

IRR is used to calculate the potential annual returns of an investment over time, while taking into account cash flow ... Excel spreadsheet, which has a built-in function to determine a ...