npv

Format: npv( rate, cflist )

Arguments: (real) rate Interest rate per period (1=100%)

[real] cflist List of cash flows; the first cash flow occurs at time 0 and all subsequent cash flows occur at the end of periods 1 to N

Returns: (real) The net present value of cash flows cflist discounted at an interest rate of rate

Description: Npv calculates the net present value of a series of future cash flows using the following equation:

Examples: npv(10%,[-100,12,14,15,18,130]) = 26.763

See Also: irr, pv, fv, pmt, term, rate, cf