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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
A fund of $10,000 is set up to pay $250 at the end of each year indefinitely. What is the fund’s IRR? (There’s no Excel function that answers this question—use some logic!)
2. In the spreadsheet below we calculate the future value of 5 deposits of $100, with the first deposit made at time 0. As shown in Section 1.????,
this calculation can also be made using the
Excel function =FV(interest,periods,-amount,,1). 
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