This action will typically take you to a new screen where you can input the necessary data, or it might immediately prompt you to enter the list of cash flows. You would enter your cash flows sequentially, pressing [ENTER] after each number.
How to Input and Calculate IRR with Regular Interval Cash Flows on TI-84 Plus
Once your list is complete, you return to the home screen or the IRR prompt, press [2ND] [1] again to select your list name, and then press [ENTER] to compute the result. Interpreting the Results After you execute the calculation, the TI-84 Plus will display a decimal number.
Understanding Cash Flows for IRR Before diving into the button sequences, you must organize your financial data correctly. This menu houses all the financial functions you need, including NPV, PV, and IRR.
How to Enter and Calculate IRR with Regular Interval Cash Flows on TI-84 Plus
The IRR represents the discount rate at which the Net Present Value of a series of cash flows equals zero, effectively measuring the annualized return you can expect. For example, if you invest $100 today and expect to get $50 next year and $70 the year after, your cash flow list would be {-100, 50, 70}.
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