TRUECALC
Functions

RECEIVED

Amount received at maturity

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When to use it

When should I use RECEIVED?

Use RECEIVED to calculate the amount received at maturity for a fully invested security — ideal for evaluating discount instruments like T-bills or certificates of deposit held to maturity.

Used in

finance

Syntax

RECEIVED(settlement, maturity, investment, discount, [basis])

Examples

=RECEIVED(DATE(2010,2,1),DATE(2019,12,31),1000,0.05) // => 1983.4710743801654
=RECEIVED(DATE(2010,2,1),DATE(2019,12,31),1000,0.05,4) // => 1982.9248141007986

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