Solving for IRR

Davidns

Board Regular
Joined
May 20, 2011
Messages
161
Office Version
  1. 365
Platform
  1. MacOS
I would like to solve for the IRR of a stream of payments that are constant, but do not begin immediately. Is there a way to do so using a formula rather than listing the payments in a column and then using the IRR function? Here is the scenario:

An initial outlay of X, followed by no payments until Y months later, followed by Z payments for a period of AA months. If there were no skip payments, using Rate would obviously work, but I am wondering if there is a formula when a skip period is involved ?

Thanks!
 

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My apologies to the board - I previously asked the same question so please disregard! Sorry!
 
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