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Calculating the MIRR

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I can follow the textbook example calculating MIRR until its final step.

9720
6000 = ---------
(1 +MIRR)^3

MIRR = 17.66%

Can you please show how to arrive at the 17.66%.

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The solution calculates the MIRR.

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Hello,
Note that there is a typo in the answer, it should be 17.443%. To isolate MIRR from the equation you provided, you can perform the following arithmetical operations:

9720
6000 = ---------
(1 +MIRR)^3 ...

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