Financial Analysis
Modified IRR (MIRR)
Corrects IRR for realistic reinvestment and financing rate assumptions
Rubric Type
quantitative-formula
Complexity
medium
Extractor
financial
Required Inputs
SolveRight's AI extractor automatically derives these data points from your decision description:
- ✓initial investment
- ✓projected cash flows
- ✓finance rate
- ✓reinvestment rate
Best For
How Modified IRR (MIRR) Works in SolveRight
When you run a decision through SolveRight, Modified IRR (MIRR) is one of up to 155 frameworks that analyze your options simultaneously. The AI extractor identifies 4 key data points from your decision description, then the quantitative-formula rubric computes a normalized 0-100 score for each option. This score is combined with results from other frameworks to produce your overall ranking, with contradiction detection highlighting where Modified IRR (MIRR)disagrees with other methodologies.
Modified IRR (MIRR) — Frequently Asked Questions
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Related Financial Analysis Frameworks
Cost-Benefit Analysis
Compares total costs against quantified benefits for each option
Total Cost of Ownership
Calculates full lifecycle cost including hidden and ongoing expenses
Opportunity Cost Analysis
Quantifies what is given up by choosing one option over others
Net Present Value (NPV)
Determines whether an investment creates value by discounting projected future cash flows to present value
Internal Rate of Return (IRR)
Calculates annualized return rate that makes NPV equal to zero
Profitability Index (PI)
Measures value created per unit of investment (PV of future cash flows / initial investment)