Question
Could someone help explain this to me please? MIRR: PV costs = $65,000. FV inflows: PV FV 0 1 2 3 4 5 6 7
Could someone help explain this to me please?
MIRR: PV costs = $65,000. FV inflows: PV FV 0 1 2 3 4 5 6 7 8 9 | | | | | | | | | | 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 13,080.00 14,257.20 15,540.35 16,938.98 18,463.49 20,125.20 21,936.47 23,910.75 65,000 MIRR = 10.24% 156,252.44 Financial calculator solution: Obtain the FVA by inputting N = 9, I/YR = 9, PV = 0, PMT = 12000, and then solve for FV = $156,252.44. The MIRR can be obtained by inputting N = 9, PV = -65000, PMT = 0, FV = 156252.44, and then solving for I/YR = MIRR = 10.24%.
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Financial Management For Public Health And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
7th Edition
1071835335, 978-1071835333
