Formula Engine Reference Guide
 

 

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RECEIVED(S, M, I, D[, B])

Description
Returns the value at maturity of a fully invested security. Dates must be entered as a serial date value.
 
Parameters
S

Settlement date, date of purchase
 
M
Maturity date
 
I
Investment amount
 
D
Discount rate
 
B
Day count basis as follows:
0 or omitted 30/360
1 Actual/actual
2 Actual/360
3 Actual/365
 
Example
RECEIVED(DATE(93, 1, 15), DATE(93, 6, 15), , 10000, 12.5%, 1) = 10545.323