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IRR Calculator

IRR is the discount rate at which the net present value of the cash flows equals zero.

This calculator is free to use. Enable JavaScript to enter your values and see a result instantly.

How it works

IRR is the discount rate at which the net present value of the cash flows equals zero.

Worked example

An investment followed by positive annual cash flows can be compared with a required return.

Keep in mind

Multiple sign changes can create multiple IRRs; this solver assumes conventional cash flows.

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