Hi Tom

Best to see for yourself what IRR is.

http://www.investopedia.com/terms/i/irr.asp



2013/7/21 Tom Davies <tomdavie...@yahoo.co.uk>

> Hi :)
> Thanks :)  I think
>
> Computes the internal rate of return for a series of cash flows
>
> is a minor improvement on the 2nd one.  Neither make any sense to me but
> some background reading about the topic made it clear i would never
> understand enough to get a short simple sentence.  The 2nd one suggests
> that the function can handle a number of inputs and then generate a single
> output value.  The first suggests that you have got to put in several
> different parameters in order to get a single output value.
>
> Regards from
> Tom :)
>
>
>   ------------------------------
>  *From:* Sérgio Marques <smarque...@gmail.com>
> *To:* Tom Davies <tomdavie...@yahoo.co.uk>
> *Cc:* Mihovil Stanic <mihovil.sta...@gmail.com>; LibreOffice-l10n <
> l10n@global.libreoffice.org>
> *Sent:* Sunday, 21 July 2013, 12:58
>
> *Subject:* Re: [libreoffice-l10n] Function IRR description
>
> 2013/7/21 Tom Davies <tomdavie...@yahoo.co.uk>
>
> > Hi :)
> > Sorry i am not completely clear about 2 crucial things
> > 1.  What is the string as is?
> >
>
> Returns the actuarial rate of interest of an investment excluding costs or
> profits
>
>
> > 2.  What is the suggested alternative?
> >
>
> Compute the internal rate of return for a series of cash flows
>
> Stated by ODFF.
>
>
>
>
> >
> > I couldn't find the Oasis definitions and i loathe looking through MS
> > Office anything.  The link given seems to be specifically about
> healthcare
> > but may not have been written by someone that really knows what they are
> > talking about.  I tried looking for something more generic and found this
> > hopelessly detailed page in wikipedia
> > http://en.wikipedia.org/wiki/Actuarial_science
> > also this unclear (and also long-winded) definition
> > http://www.investopedia.com/terms/a/actuarial-valuation.asp
> > and this one
> > http://definitions.uslegal.com/a/actuarial-value/
> >
> > Would it be safer to just rewrite the equation it uses but rewrite in
> > English?  (probably not but sometimes it helps)
> > Regards from
> > Tom :)
>
>
>
> --
> Sérgio Marques
>
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-- 
Sérgio Marques

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