Calculated Industries 3423 - Manual (Page 57)

52 — Q
UALIFIER
P
LUS
® 4
X
IRR, NPV, and NFV Functions
The R key is multifunctional, and consecutive presses calculate:
• the annual Internal Rate of Return (IRR%);
• the Net Present Value (NPV) of the entered cash flows,
based on an entered desired Rate of Return, and the stored
Payments per Year
(default = 12) ;
• the Net Future Value; and
• (re-display of) the entered Rate of Return.
Note: If you wish to skip directly to the NPV calculation, press s R .
The desired Rate of Return is entered prior to performing the calcu-
lation (as shown in the following examples). If a desired Rate of
Return is not entered prior to performing the IRR, NPV, and NFV cal-
culations, then the Calculated Effective Rate is used as the desired
Rate of Return (if an Interest Rate has been entered in
ˆ ).
See the following examples for entry of Cash Flows and Frequencies,
and IRR, NPV, and NFV calculations.
Note: The last example provides instructions on how to modify or recall Cash Flows
and Frequencies.