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Internal Rate of Return

`"IRR" = [( "FV" / "PV" )^(1/ "n" ) - 1]* 100`
`"Future Value"`
`"Present Value"`
`"Time"`

This equation is used to compute the specific interest rate where the present value of the benefits equals the present value of the costs. Basically, IRR is the actual rate of return on an investment taking into consideration the time value of money.