XIRR Calculator

Math is behind an abundance of modern activities, especially those related to finance. In most cases, a basic calculator is not really enough to make the cut for what you need. As such, specialized tools got developed to meet your demands. For instance, XIRR Calculator helps you calculate the internal rate of return.

Setting up the application requires incredibly little effort on your behalf. However, you need to check whether or not your computer is fitted with .NET Framework to ensure proper functionality of the application. Chances are it’s already there, because it comes in the default set of features delivered through modern Windows iterations.

The visual design wants to make it easy for individuals of all levels of experience to get the hang of things. Needless to say that you must be well-aware of the values you write down, such as amounts of cash flows based on which the rate of return is calculated. On the bright side of things, the application also shows a detailed description of the process.

A small table is at your disposal to easily punch in all values of interest. It’s structured with a couple of column headers, one for date, while the other for amount of cash. Selecting the date field cleverly brings up a small calendar to help you accurately set the target date of the transaction.

Cash values don’t need to be always positive, but at least one must be. Note, however, that overall values need to be positive for accurate calculus. At the press of a button, XIRR percentage is delivered, as well as accuracy and iterations. Sadly, you can’t save values or copy them to clipboard, and it would have been useful to see an option to export the entire table and results.

Taking everything into consideration, we can state that XIRR Calculator is a straightforward application with which to calculate the rate of return based on multiple cash flows. Little effort is required to understand the program and provide the necessary details, while results are returned at the press of a button.