the IRR function makes sense when you take a calculation like:
-1,200 - cash outlay for a new ice cream machine.
+ 500 year one cash flow
+300 Year two cash flow
+400 Year three cash flow
+400 Year four cash flow
Okay. So why use the GUESS argument when I successfully figured out the IRR above without using GUESS?
I'm trying to understand why you would use guess. Perhaps a couple examples of when to NOT use and when TO use GUESS?
I googled this and came up with some fairly erudite math explanations but I'm not a math major . So, please
This article covers the basics of data encryption, what it is, how it works, and why it's important. If you've ever wondered what goes on when you "encrypt" data, you can look here to build a good foundation for your personal learning.
Many functions in Excel can make decisions. The most simple of these is the IF function: it returns a value depending on whether a condition you describe is true or false. Once you get the hang of using the IF function, you will find it easier to us…