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RECEIVED function

Returns the amount received at maturity for a fully invested security.

Syntax

=RECEIVED(settlement, maturity, investment, discount, [basis])

Arguments

ArgumentRequiredDescription
settlementRequiredThe settlement date
maturityRequiredThe maturity date
investmentRequiredThe amount invested
discountRequiredThe discount rate
basisOptionalThe day count basis, 0 to 4

How to use RECEIVED

RECEIVED takes 4 required arguments and 1 optional argument. Type =RECEIVED( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.

Examples

Each result below was calculated by the SheetsBat formula engine.

=RECEIVED(DATE(2008,2,15), DATE(2008,5,15), 1000000, 0.0575, 2)Result 1014584.654

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