Modified IRR (MIRR) Calculator

Calculate MIRR using explicit reinvestment and finance rates. MIRR = (FV of positive cash flows at reinvestment rate / PV of negative cash flows at finance rate)^(1/n) - 1.

Principal ($)
Annual Rate (%)
Years
Compounding / Year
$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.
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How It Works

Calculate MIRR using explicit reinvestment and finance rates. MIRR = (FV of positive cash flows at reinvestment rate / PV of negative cash flows at finance rate)^(1/n) - 1

Each component has a specific meaning:

  • Explicit reinvestment — The explicit reinvestment recorded for the scenario being assessed.
  • Finance rates — The finance rates recorded for the scenario being assessed.

Note: Interpret the mirr calculator result against the thresholds and context described above.

How to Use

Enter the explicit reinvestment, finance rates for the scenario you are assessing. Calculate MIRR using explicit reinvestment and finance rates. MIRR = (FV of positive cash flows at reinvestment rate / PV of negative cash flows at finance rate)^(1/n) - 1. Use the mirr calculator result to inform your calculation.

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Frequently Asked Questions