VBA MIRR Function

VBA MIRR Function

Overview of VBA MIRR Function:

VBA MIRR function is categorized as Financial function. This is a built-in Excel VBA Function. This function calculates the modified interest rate of return for a series of unequal cash flows at regular intervals. We can use this function in VBA and can’t use in Excel. This function we use in either procedure or function in a VBA editor window in Excel. We can use this VBA MIRR Function in any number of times in any number of procedures or functions. Let us learn what is the syntax and parameters of the MIRR function, where we can use this MIRR Function and real-time examples in Excel VBA.

Syntax of VBA MIRR Function

The syntax of the MIRR Function in VBA is

MIRR(ValueArray(), FinanceRate, ReinvestRate)

The MIRR function returns a double value.

Parameters or Arguments:

The MIRR function has three arguments in Excel VBA.
ValueArray():The ValueArray() is a required argument.
FinanceRate:The FinanceRate is a required argument.
ReinvestRate:The ReinvestRate is a required argument.

Where we can apply or use VBA MIRR Function?

We can use this MIRR Function in VBA MS Office 365, MS Excel 2016, MS Excel 2013, 2011, Excel 2010, Excel 2007, Excel 2003, Excel 2016 for Mac, Excel 2011 for Mac, Excel Online, Excel for iPhone, Excel for iPad, Excel for Android tablets and Excel for Android Mobiles.

Instructions to use Macro Codes

Here are the step by step instructions to use the VBA MIRR function in Excel VBA.

  • Open an Excel workbook.
  • Press Alt+F11 to open VBA Editor window.
  • Go to Insert menu and click on module from the available options.
  • Copy above specified procedures or macros to the VBA editor.
  • Select any procedure from above codes and click on ‘Run’ command or use Keyboard shortcut ‘F5’.

List of VBA Functions:

Please click on below link to go back to see all List of VBA Functions.

VBA Financial Functions List of VBA Functions

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