IRR app for iPhone and iPad


4.6 ( 2156 ratings )
Finance Education
Developer: Business Compass LLC
2.99 USD
Current version: 2.0, last update: 7 years ago
First release : 26 Jun 2010
App size: 70.46 Kb

Internal Rate of Return (IRR) computes interest rate at which Net Present Value (NPV) of a series of cash flows equate to 0.

This is a flexible IRR calculator that overcomes limitation with number of cash flows and cash flow timing with popular financial calculators.


Features:

1. Application accepts cash flows with flexibility
2. Cash flows can start at any time by specifying the cash flow timing
3. Cash flow can repeat many times. Cash flow repetition can be specified.
4. By default cash flow starts at 0 and increments by 1 if no cash flow timing is specified
5. At least 2 cash flows are required
6. Cash Flow can not be 0
7. At least one positive Cash Flow and one Negative Cash flow is required
8 Application converges fast to a solution

Example 1:

CF0 = -150
CF1=50
CF2=30
CF3=40

IRR = -10.77% (discrete) and -11.39% (continuous)

Example 2:

CF0=-5000, Time = 10
CF2=1000, Time=11
CF3=3000
CF4=5000 Repeats 2 times

IRR = 43.77% (discrete) and 36.30% (continuous)