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Final PMT in a Series that results in a Specific XIRR??

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JoeLV Final PMT in a Series that... 01-16-2018, 04:06 PM
MrShorty Re: Final PMT in a Series... 01-16-2018, 04:39 PM
shg Re: Final PMT in a Series... 01-16-2018, 04:52 PM
JoeLV Re: Final PMT in a Series... 01-16-2018, 05:16 PM
JoeLV Re: Final PMT in a Series... 01-16-2018, 05:55 PM
MrShorty Re: Final PMT in a Series... 01-16-2018, 06:34 PM
JoeLV Re: Final PMT in a Series... 01-16-2018, 07:14 PM
shg Re: Final PMT in a Series... 01-16-2018, 08:25 PM
MrShorty Re: Final PMT in a Series... 01-16-2018, 08:29 PM
JoeLV Re: Final PMT in a Series... 01-17-2018, 11:45 AM
shg Re: Final PMT in a Series... 01-16-2018, 09:14 PM
JoeLV Re: Final PMT in a Series... 01-17-2018, 11:46 AM
  1. #1
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    Re: Final PMT in a Series that results in a Specific XIRR??

    I'm not sure what you mean. Your file says that the 200000 in F2 is not equal to the 200447 computed by the formula given above. I am not sure what you are seeing here, but I am seeing rounding errors. With 200000 in F2, the 16.0% in G2, if you expand the number of decimal places in the number format, is more like 15.9598....%, not exactly 16.0000000000%. If you put the 200447 computed by our formula into F2, then you will find that the test XIRR is much closer to 16.000000000...% (I get 15.99996...%). If you expand the 200447 and enter the value to its full precision (or copy->paste special -> as values) you should see that the XIRR computed in G2 is essentially 16.0% -- to match the 16% entered into A2.

    I could be misunderstanding, but, if I am understanding, this looks like a case where you are not looking at the computed numbers to their full precision.
    Quote Originally Posted by shg
    Mathematics is the native language of the natural world. Just trying to become literate.

  2. #2
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    Re: Final PMT in a Series that results in a Specific XIRR??

    You are 100% correct. It was a long day yesterday, lol.

    Thank you very much!

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