NPV

Returns the net present value of an investment with a series of varying periodic cash payments and a discount rate.

Syntax

NPV(discount_rate; payment; [payment1]; ...)

discount_rate: Discount rate of the investment over a period. Eg., 2.3%

payment: Values or ranges containing the payments made at the end of each period. Eg., B2:B5

Remarks

You can use XNPV function to find the net present value for cash flows at irregular intervals.

Examples

Formula	Result
=NPV(A2;B2:B5)	$2,401.91
=NPV(A3;B2:B5)	$4,642.86
=NPV(A4;B2;B3;B4;B5)	$194.71

Get a hands-on experience of the function in the embedded range below.

Possible Errors

Errors	Meaning
#N/A!	The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.
#NAME!	The function name is incorrect or invalid. The given defined name (if any) is invalid. There is a typo in the defined name used in the function. Double quotes are missing for text values in the function. Colon missing in a cell range reference.
#VALUE!	The given argument's data type is incorrect or invalid. For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.
#REF!	The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved, or pasted over.

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