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Mirr Discrepency Monthly Vs Annual

I have come up with a discrepency between two versions of a cash flow analysis that I am trying to do with the MIRR function. In both cases, the total in flow and outflows add up the same amount. The only difference is that one is done using 4 total flows, the first being the entry, and then 3 annual cash flows. The other is done using 37 total flows, the first being entry and the other 36 being monthly flows with the mirr rate being multiplied by 12 to get an annualized rate. The only negative flow is the entry.

They add up to the same sum of inflows and outflows, but the output from MIRR is off by 2% between the two versions, and strangely enough, its the annual version that has a higher percentage than the monthly version. I would have expected the annual to be lower since the inflow for the year would have been pushed further forward in time, thus discounting the cash flow more then when cashed out earlier.

I also ran the same cash flows with the NPV function and also get two different present values using annual and monthly versions, again the annual value being HIGHER than the monthly value by a significant amount.

I would just like to understand what is causing this discrepency and why the monthly version is producing a lower MIRR rate and lower NPV than the annual version, all other things being equal. Anyone have any ideas?


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Similar Topics







Very new in this board. If I post this question in the wrong forum please bear with me.
There is about 20 staffs in our department and I have made a spreadsheet with 12 tabs for each month of the year Jan-Dec. If each staff have 15 days annual leave each year and how can I make a formular that can automatically calculate the balance of annual leave and entered in the tabs of the following months. For example if staff A used 5 days in Jan how can the balance of 10days be entered in the tabs from Feb-Dec. If he use another 5 days in July the remain balance of 5 days be automatically entered in the tab from Aug to Dec. Likewise if staff A took 2 days sick leave in Jan, and 2 days in Mar how can this sick days be automatically sum up in the months after. I am doing this manually at the moment and it is very time consuming and also very easy to make mistake.
Thanks and sorry for this long questions


I am trying to copy balances from one worksheet to another over a total of 12
worsheets ..... this is for petty cash monthly sheets and I need a running
total over the 12 sheets.

At present I have to do this manually .... is there a formula that I can use
that will automatically carry the balances over

Thanks for your help



How can I calculate a 3% anual rent increase over 15 years (3% over the last year's rent)?


A previous poster explained what I also need; there were no responses,
so I thought I would try again.

Does anyone know of an Excel template--or a small stand-alone
program--that will calculate the interest/principal breakdown when
payments are varied in amount and frequency? Free or low-cost, please.
I need one that will work on my Mac/Office 2004. I will need to print
out periodic reports.

Here is the way the previous poster described it:
"Excel template: Loan Amortization for random/irregular payments,
figures days
between payment dates.
I have a loan with a variable beginning balance and irregular payments
with
annual large payment. (based on collections)
Would like to enter payment and date.
then Excel would figure days since last payment, interest amount,
principal
amount, Ending Principal balance.
And total interest paid, total pricipal paid
If I change the starting principal, excel would recalculate all
entries."

Thanks very much.




Entering time values in custom format [h]:mm:ss
Cells accept hours over 23,
Adding cells in column returns correct total time.
Have not found a way to multiply these cells by a $ hourly rate.
So use HOUR(cell ref) and MINUTE(cell ref) to capture values in referenced
cell - then use these values to calculate total payment for $rate per hour.
However, the HOUR(cell ref) formula returns the hours in excess of 24 when
the cell contains an hour value in excess of 23 (ie 27 hours returns 3).




Ok, I'm going to try and explain this. I am going to have 5 data points in cells such as A2:A6

All I need is to know if there is an upward trend or downward trend of the numbers.... I can't have something that simply takes the first and last number and checks if it's higher or lower. I need to actually see if they are trending upwards. Also how would i go about making it so that if they are trending upwards it shows an up arrow, and down arrow for downwards...

And finally, if the trend continues at the same rate, how long it will take the number to reach a goal. Each data point will be 1 week apart, with an ultimate goal needed to be achieved at the end.
This will be a completely separate formula on the sheet....

Any help?


I see a formula that our Human Resources Department is using to annualize voluntary turnover.

It looks like this:

=(E3/((A3+D3)/2))*12/months

So if I substitute with some actual data:

=(6/((22+33)/2))*12/months the answer becomes 21.8% (as the annualized voluntary turnover rate).

What does the *12/months actually do mathematically? I cannot find it in the excel help files and have not been able to figure this out using math (on the calculator).


Hello gurus!

Here's my question...I have a list of numbers and I want to know how many combinations (and what they are) of adding the numbers will equal an amount.
e.g.
List of Numbers
1
2
3
4
5
6
7
8
9
10

Amount to be reached = 12

These are some of the possible combinations to reach 12 :
2+10
3+9
4+8
5+7
3+4+5
6+3+2+1

Is there a function in Excel that will do this for me? I want to know which numbers (i.e. cells) can be added to reach 12. AND, if possible, colorcode the cells added for each combination.

Good luck and thanks!!


Thought I'd append my experience of the above problem - you can find all sorts of references to it everywhere.

My problem was that a userform defined with Excel at work (containing DT pickers) gave the message in the title when opening it at home. I had a light-bulb moment and wondered whether there was a difference in the version numbers for MSCOMCT2.OCX at work and at home. Turned out the work version was newer. I then copied the MSCOMCT2.* files from work, made a backup of them at home and copied those from work to my C-drive (Windows XP - c:\windows\system32\ ).

No luck. I then rebooted the machine - still no luck.
Then, finally I unregistered the old DLL via
Code:

regsvr32 /u c:\windows\system32\MSCOMCT2.OCX


(not sure if this was necessary, but I didn't think it could hurt). Reregistered the DLL via
Code:

regsvr32 c:\windows\system32\MSCOMCT2.OCX


and what do you know - it worked.

Summa summarum - it could be an idea to check whether the two machines have different version numbers for the MSCOMCT2.OCX files.


I'm trying to figure out what the formula is to multiply the total hours worked per week by their hourly pay for each individual. kind of like the
=Sum(I25:I32) Formula but I want to multiply the outcome of that formula by the hourly rate of 11.00, 15.00 and 16.00. Does anybody know how this can be done? If so I would greatly appreciate it.
Thanks!
charitydc


Hi, hope someone can assist, i want to add some arrow syimbols in to a formula, so that when the formula works out it shows an up arrow for higher or a down arrow for lower, i am using this formula at the moment because i dont know any better but it works, putting in the word up or down:

I have entered the following formula in to a cell: =IF(S3<R3,"DOWN","UP") it works however i want to replace the word Down and up with the relevant arrows symbol. How do i do this?

Thanks


I am creating a data sheet to be completed by other users. I would like to
format the text cells (name, etc) to have text entered as uppercase
automatically although the user might use title or lower case.

UPPER function cannot make cell look at itself and perform the function

Excel 2003



I have AplphaNumeric part numbers that sometimes contain hyphens or decimals. In order to make them more searchable (since people don't always use the hyphens or decimals properly when they search) I would like to create all the possible variants of the part number, but with one formula.

So AHW18.787 becomes AHW18 787 and AHW18787 with

=SUBSTITUTE(A1,"."," ") and
=SUBSTITUTE(A1,".","") respectively, and

AHRTW-A18-7007 becomes AHRTW A18 7007 and AHRTWA187007 with

=SUBSTITUTE(A1,"-"," ") and
=SUBSTITUTE(A1,"-","").

What I need to be able to do is merge these formulas into one, so that no matter what format the part number is in A1, I get a version of it with spaces in B1, and a version of it with no spaces in C1. I just have not been able to nest it all together - is it even possible with this command?

Thx


Hi folks,

Hoping someone can help me quickly as I'm pulling my hair out and have a deadline getting too close.

Been trailing the net and this board but can't work out how to do a simple variance.

How do I work out the difference between two numbers - including negatives.

If the numbers are all positive, it's fine as it's simply a case of A - B = C which is your difference. However, that doesn't work if B is negative.

I need a formula that would give the following:

First Number / Second Number / Difference
1 / 5 / 4
1 / -5 / -6
-1 / 5 / 6
-1 / -5 / -4
-5 / -1 / 4

Hopefully there's a simple function I've been missing.

Thanks in advance, R


I am trying to calculate the average Talk Time into Minutes and Seconds. Every time I have tried, I get the wrong average.

For example, if I have a total of 53 calls and the total talk time is 4:19:05, what would the average talk per call be? I tried doing everything in seconds (this would give me a total of 15545 seconds) but the total I was getting is 4:89.

What would the formula be to get the correct average time?


How do I calculate the number of batches per hour? Here's what I have so far:

Cell B5: start time: 4:15 formatted as 4:15:00 am
Cell B6: finish time: 6:15 formatted as 6:15:00 am
Cell B7: total time: 2:00 formula in cell: =TEXT(B6-B5,"h:mm")
Cell B8: total batches processed: 22 (this is entered manually)
Cell B9: batches per hour: formula in cell: =B8/TEXT(B7,"h")

as long as I have this formula in cell B9 the answer comes out correct which should be 11 per hour.
If the formula in B9 is B8/B7, the answer is 264.0, Is this because of the way excel is reading the total time or the total time is formatted as a time, not an actual number? Is this the correct way to solve the problem?
answer should be 11 per hour.


So I've got some data, which has the approximate form of a sine function. I want to find all the x-axis intercepts. I tried using the intercept function and swapping around the y values for the x values, but it only returns 1 value (so I'd guess it uses a linear regression to estimate a single line through the axis).

I was thinking of trying a nested if/and statement but I haven't quite figured out how to do it. Basically I want to identify the two values where it switches from positive to negative and also indentify the values where it goes negative to positive, I can then fit a straight line between them to find a better approximation of the intercept (though it might not be necessary). Preferably I'd like it all one function as I'm not doing it in VBA (I might do later though, we'll see).

Can anyone suggest how I'd find these value or the x-intercept. Any help would be greatly appreciated.


I use Excel 2000
I have sheet muster for my clients of January, 2005 like :
( P = Present, A=Absent )
A.....B.....C.....D.....
Days Sun Mon Tue Wed
Date 1 2 3 4

1 John P A A P
2 Lucy A P P A
3
Now I want to calculate the total Sundays, Mondays, Tuesdays etc. present in
that month. How can I do this?
--
Knowldege is Power



Hi,
I made a simple worksheet that we have been manually entering the time for employees, but there are too many errors (even with simple math). Can someone help me convert the time of ex: written 8-4:30 or 10-3 (meaning 8:00am to 4:30pm) where you have the total weekly hours? Right now I have a column for overtime. Is there a way to automatically calculate the over time also? The work day is 8-4:30 with a half hour lunch (lunch is not calculated into the hours, so you minus a half hour). 8-4:30 equals 8 hours. So, if a person works 8am to 6:30pm, how can I set it up where in the first row of time, I will type in 8-6:30pm. In the totals column to the far right, it will display 8 hours. In the (O.T.) column, it will display 2 hours.

This way, when I call in my payroll, I will have the total "regular" hours in one row and underneath, I will have the total overtime hours.

Or... does anyone have a better solution to keeping track of their hours?

Thanks!
Marty