The internal rate of return ... that makes the net present value (NPV) of all cash flows equal to zero in a discounted cash flow analysis. IRR calculations rely on the same formula as NPV does.

Before computers, few people took the time to calculate the internal rate of return. The formula for IRR is the ... cash inflows equal to the initial net cash outlay for the investment.

See how we rate investing products to write unbiased product reviews. Internal Rate of Return (IRR) is a formula used to evaluate ... discount rate that makes the net present value (NPV) of ...