The Excel XNPV function is a financial function that calculates the net present value (NPV) of an investment using a discount rate and a series of cash flows that occur at irregular intervals.
Calculate net present value for irregular cash flows
Net present value
=XNPV (rate, values, dates)
rate - Discount rate to apply to the cash flows.
values - Values representing cash flows.
dates - Dates that correspond to cash flows.
The Excel XNPV function calculates the net present value (NPV) of an investment based on a discount rate and a series of cash flows that occur at irregular intervals. Cash flows need to be listed with dates in chronological order. Negative values represent cash paid out; positive values represent cash received.In the example shown, the formula in F6 is:
XNPV doesn’t discount the initial cash flow. Subsequent payments are discounted based on a 365-day year. To discount to a particular valuation date, you can set up XNPV so that the first cashflow is zero, associated with the valuation date.
The Excel PV function is a financial function that returns the present value of an investment. You can use the PV function to get the value in today's dollars of a series of future payments, assuming periodic, constant payments and a constant...
The Excel XIRR function is a financial function that returns the internal rate of return (IRR) for a series of cash flows that occur at irregular intervals.
Excel Formula Training
Formulas are the key to getting things done in Excel. In this accelerated training, you'll learn how to use formulas to manipulate text, work with dates and times, lookup values with VLOOKUP and INDEX & MATCH, count and sum with criteria, dynamically rank values, and create dynamic ranges. You'll also learn how to troubleshoot, trace errors, and fix problems. Instant access. See details here.