# RECEIVED

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## Content



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

## Syntax

RECEIVED(*settle*,*mature*,*invest*,*discount*,*basis*)

## Arguments

This function has these arguments:

| **Argument** | **Description** |
| -------- | ----------- |
| *settle* | Settlement date for the security |
| *mature* | Maturity date for the security |
| *invest* | Amount invested in the security |
| *discount* | Discount rate for the security |
| *basis* | [Optional] Integer representing the basis for day count (Refer to [Day Count Basis](/spreadnet/docs/latest/online-formula/formulas-overview/formulas-functs/formulas-functtypes/formulas-functsfinance/formulas-functsdaycount).) |

## Remarks

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

## Data Types

Accepts numeric data for all arguments. Returns numeric data.

## Examples

`RECEIVED(A1,B2,C3,C4,1)`
`RECEIVED("3/01/2004","6/01/2004",600000,0.03,2)` gives $604,635.50

## Version Available

This function is available in product version 1.0 or later.

## See Also

[INTRATE](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsFtoK/FunctionINTRATE) \| [Financial Functions](/spreadnet/docs/latest/online-formula/formulas-overview/formulas-functs/formulas-functtypes/formulas-functsfinance)