Texas Instruments BA II PLUS User Manual
Page 90
86
Appendix — Reference Information
Net present value depends on the values of the initial cash flow (
CF0
),
subsequent cash flows (
CFj
), frequency of each cash flow (
nj
), and the
specified interest rate (
i
).
IRR
= 100
×
i
, where i satisfies
npv
() = 0
Internal rate of return depends on the values of the initial cash flow
(
CF0
) and the subsequent cash flows (
CFj
).
i
=
I/Y
ч 100