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NPV (net present value)

NPV Function

Computes the net present value of an investment by using a discount rate and a series of future payments (negative values) and income (positive values).

Syntax

NPV(scalar Rate, vector Payments)

Arguments

ArgumentDescription
scalar RateDiscount rate over the term of a single period
vector PaymentsSeries of numbers representing payments (negative numbers) and income (positive numbers) which are at the end of periods that are equally spaced in time.

Examples:

NPV(8/100,array(-7500,3000, 5000, 1200, 4000))

Above income for the first four years: $3000, $5000, $1200 and $4000. An annual discount rate 8% is used.