This section covers 4 how-to topics for MIRR, including entering the function, filling in arguments from syntax guidance, using cross-sheet references or nested formulas, and checking recalculated results.
How-to Index
| No. | Topic | Membership Requirement |
|---|---|---|
| 1 | 1. Enter the MIRR function | Free |
| 2 | 2. Fill in arguments from syntax guidance | Free |
| 3 | 3. Use cross-sheet references or nested formulas | Free |
| 4 | 4. Check recalculated results | Free |
How-to Guide
1. Enter the MIRR function
Entry point: Formula tab → formula bar
- Open WPS Spreadsheet and go to the workbook where you want to calculate a result.
- Select the cell that should display the result.
- Type
=in the formula bar or directly in the cell. - Type
MIRR(to begin entering the function.
Success Criteria
- Interface result: The selected cell enters formula editing mode.
- Next action available: You can continue entering arguments and complete the formula.
Tips While Using
- Common mistake: If you do not start with
=, the content may be treated as plain text.- Environment note: You need an editable spreadsheet cell.
2. Fill in arguments from syntax guidance
Entry point: Select the target cell → type =MIRR(
- After typing
MIRR(, review the syntax guidance that appears. - Enter the cash flow range, finance rate, and reinvestment rate in the required order.
- Check separators and parentheses before confirming the formula.
- Press Enter to calculate the result.
Success Criteria
- Interface result: The cell shows a calculated value instead of raw formula text.
- Next action available: You can select the cell again to review or edit the formula.
Tips While Using
- Common mistake: Mismatched parentheses, missing arguments, or incorrect separators can cause formula errors.
3. Use cross-sheet references or nested formulas
Entry point: Formula bar
- Select the result cell and start editing the MIRR formula.
- When you need source data, switch to another worksheet and select the required cell or range.
- If you need a more advanced model, add other formulas or referenced results inside the MIRR arguments.
- Confirm the formula structure and press Enter to finish the calculation.
Success Criteria
- Interface result: The formula bar shows cross-sheet references or a nested formula structure.
- Next action available: You can change referenced data and observe the updated result.
Tips While Using
- Common mistake: An incomplete referenced range can affect the final result.
- Environment note: The related worksheets and referenced cells need to remain accessible.
4. Check recalculated results
Entry point: Edit data referenced by MIRR
- Find the cash flow or rate cells referenced by the MIRR formula.
- Change one or more values in those cells.
- Return to the result cell and check whether the value updates.
- If the result does not update as expected, review the reference range and data format.
Success Criteria
- Interface result: The result cell updates when referenced data changes.
- Next action available: You can continue adjusting inputs and compare outcomes.
Tips While Using
- Common mistake: Numbers stored as text or incorrect references can cause unexpected results.
- Environment note: In workbooks with complex dependencies, review the reference chain step by step.