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    Calculating the MIRR

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    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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    https://brainmass.com/business/capital-budgeting/calculating-mirr-341580

    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

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