Evaluate investment performance using internal rate of return
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The internal rate of return (IRR) is a key metric used to evaluate the profitability of an investment. It represents the annual growth rate of your investment over time.
IRR is widely used in business, real estate, and financial analysis to compare different investment opportunities.
For example, if your investment doubles in 5 years, the IRR shows the yearly return percentage.
This tool is ideal for investors and professionals making financial decisions.
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