# Calculating the MIRR

I can follow the textbook example calculating MIRR until its final step.

9720

6000 = ---------

(1 +MIRR)^3

MIRR = 17.66%

Can you please show how to arrive at the 17.66%.

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#### Solution Preview

Hello,

Note that there is a typo in the answer, it should be 17.443%. To isolate MIRR from the equation you provided, you can perform the following arithmetical operations:

9720

6000 = ---------

(1 +MIRR)^3 ...

#### Solution Summary

The solution calculates the MIRR.

$2.19