Finance

What is Modified Internal Rate of Return (MIRR), and How to Calculate It?

The companies use capital budgeting techniques to analyze different investment options and choose the best one. There are different techniques for this purpose, each having its own benefits and limitations. Therefore, it’s recommended in most cases to use a combination of two or more techniques to analyze all aspects of any investment project. Internal Rate …

What is Modified Internal Rate of Return (MIRR), and How to Calculate It? Read More »

Is Finance Harder Than Economics?

Finance, economics, and accounting are usually considered something that falls under the same category. However, the difficulty of students to differentiate these subjects and go for one major is actually a hustle. A student of these subjects can only understand the difference between difficulty levels, skills, and orientation. Although both subjects are related to money, …

Is Finance Harder Than Economics? Read More »

Loan Amortization: Definition, Example, Calculation, How Does It Work?

A famous Danish proverb says, Promises make debt, and debt makes promises. Corporate finance and personal finance both focus on two main sources of financing: debt and equity. Debt financing is the mode by which businesses and individuals borrow money from financial institutions. The borrowed amount is called a loan, and it is paid back …

Loan Amortization: Definition, Example, Calculation, How Does It Work? Read More »