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<!DOCTYPE html>
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<title>XIRR Function</title>
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<h1>XIRR Function</h1>
<p>The <b>XIRR</b> function is one of the financial functions. It is used to calculate the internal rate of return for a series of irregular cash flows. </p>
<p>The <b>XIRR</b> function syntax is:</p>
<p style="text-indent: 150px;"><b><em>XIRR(values, dates [,[guess]])</em></b></p>
<p><em>where</em></p>
<p style="text-indent: 50px;"><b><em>values</em></b> is an array that contains the series of payments occuring irregularly. At least one of the values must be negative and at least one positive.</p>
<p style="text-indent: 50px;"><b><em>dates</em></b> is an array that contains the payment dates when the payments are made or received. Dates must be entered by using the DATE function.</p>
<p style="text-indent: 50px;"><b><em>guess</em></b> is an estimate at what the internal rate of return will be. It is an optional argument. If it is omitted, the function will assume <b><em>guess</em></b> to be 10%.</p>
<p>The numeric values can be entered manually or included into the cell you make reference to.</p>
<p>To apply the <b>XIRR</b> function,</p>
<ol>
<li>select the cell where you wish to display the result,</li>
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<li>click the <b>Insert function</b> <img alt="Insert function icon" src="../images/insertfunction.png" /> icon situated at the top toolbar,
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<br />or right-click within a selected cell and select the <b>Insert Function</b> option from the menu,
<br />or click the <img alt="Function icon" src="../images/function.png" /> icon situated at the formula bar,
</li>
<li>select the <b>Financial</b> function group from the list,</li>
<li>click the <b>XIRR</b> function,</li>
<li>enter the required arguments separating them by commas,</li>
<li>press the <b>Enter</b> button.</li>
</ol>
<p>The result will be displayed in the selected cell.</p>
<p style="text-indent: 150px;"><img alt="XIRR Function" src="../images/xirr.png" /></p>
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