Syntax
=RECEIVED(settlement, maturity, investment, discount, [basis])Arguments
| Argument | Required | Description |
|---|---|---|
settlement | Required | The settlement date |
maturity | Required | The maturity date |
investment | Required | The amount invested |
discount | Required | The discount rate |
basis | Optional | The 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 Related financial functions
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- RRIReturns the equal interest rate per period that grows a present value into a future value.
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