Thread: Yield rate
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Myrna Larson
 
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No, there isn't. XIRR requires that all the values be in a vector (single
column or single row).

On Fri, 8 Apr 2005 14:35:03 -0700, "Brad"
wrote:

Again, thank you - If I could take the function =XIRR(C3:C27,B3:B27) and
rather than have the final accumulation in cell C27 have it in cell E27 -
that would be extremely helpful. I have tried =XIRR(C3:C26;e27,B3:B27) and
several other combinations but have not found the one that works yet. Is
there a way to do this?you.

"Myrna Larson" wrote:

You asked what your options are, and I told you. If you don't like that
solution, you are free to devise your own -- or perhaps somebody else has
another idea.

Other than the earliest date being first, you can enter the data in any

order,
then sort it by date. If the deposits are regular (every 2 weeks?), you

could
use formulas or Edit/Fill/Series to fill in the dates and amounts for the
deposits. You can also use a formula to enter the interest to be credited

at
the end of each month (each year?) if you know what the annual rate
was/is/will be.

You can also use a formula to calculate the account balance after each
transaction, given the previous balance, deposit, and interest payment.

An Excel worksheet has 65536 rows, so it should handle 40 years with more

than
1500 transactions per year.

Or a layout with each year's transactions in a separate column (with

Balance
Forward at the top) will also work. That would give you approximately 25

rows
per year and a maximum of 6 columns per year.

On Fri, 8 Apr 2005 12:21:02 -0700, "Brad"
wrote:

That does work - thank you. However, if the yield rate is needed at each
year-end for 40 years and deposist can be as frequent as twice a month

that
mean alot of calculation area.

"Brad" wrote:

Assume that $10,000 is deposited in a savings account at the beginning

of
year 1 earning 5% and that $1,000 is deposited at the beginning of each

month
into the same saving account also earning 5%. However in year two, the

bank
changes the interest rate to 3%, and in year 3 changes it 2.5%... I

want
to
be able to generate an effective yield rate at the end of each year for

this
case. The rate function can't do it because of the non-level premium

flow.
Is it true that the XIRR can't do it because I don't have a negative

balance?
If both of my statements are true - what are my options?