RECEIVED

This function returns the amount received at maturity for a fully invested security.

Syntax

RECEIVED(settle, mature, invest, discount, [basis])

This function has these arguments:

Argument	Description
settle	[Required] Settlement date for the security
mature	[Required] Maturity date for the security
invest	[Required] Amount invested in the security
discount	[Required] Discount rate for the security
basis	[Optional] Integer representing the basis for day count

This function returns a #VALUE! error when settle or mature is invalid. Settle, mature, and basis are truncated to integers.

The function returns an error in the following cases:

If invest or discount is less than or equal to 0, a #NUM! error is returned.
If basis is less than 0 or greater than 4, a #NUM! error is returned.
If settle is greater than or equal to mature, a #NUM! error is returned.

RECEIVED(A1,B2,C3,C4,1)

RECEIVED("3/01/2004","6/01/2004",600000,0.03,2) gives 604,635.50