Formula Generator - RECEIVED function

The RECEIVED function calculates the amount received at maturity for an investment in fixed-income securities purchased on a given date. It considers the settlement date, maturity date, investment amount, discount rate, and optional day count convention to determine the final amount received.
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How to generate an RECEIVED formula using AI.

To get the RECEIVED formula, you can ask the AI chatbot the following question: "What formula can I use in Excel to calculate the amount received for a loan or investment?" The chatbot should then provide you with the RECEIVED formula and guide you on how to use it in your specific scenario.

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Step 1: Describe Your Formula
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Step 2: Copy Syntax

RECEIVED formula syntax.

The RECEIVED function in Excel calculates the amount received at maturity for an investment with a specified interest rate and term. The syntax for the RECEIVED function is: RECEIVED(settlement, maturity, investment, discount, basis) - settlement: The date on which the investment was purchased. - maturity: The date on which the investment matures. - investment: The initial amount invested. - discount: The discount rate of the investment. - basis: (optional) The day count basis to use for calculations. The function returns the amount received at maturity, taking into account the investment amount, discount rate, and the number of days between the settlement and maturity dates.

Use Cases & Examples In these use cases, we use the RECEIVED formula to calculate the amount received for a specific transaction or event. The RECEIVED formula takes into account factors such as the initial amount, any discounts or fees, and the interest rate, providing an accurate calculation of the final amount received.
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Provide Clear Context When describing your requirements to the AI, provide clear and concise context about the data you have, the specific task you want to accomplish, and any relevant constraints or conditions. This helps the AI understand the problem accurately.
Include Key Details Include important details such as column names, data ranges, and specific criteria that need to be considered in the formula. The more precise and specific you are, the better the AI can generate an appropriate formula.
Use Examples If possible, provide examples or sample data to illustrate the desired outcome. This can help the AI better understand the pattern or logic you are looking for in the formula.
Mention Desired Functionality Clearly articulate the functionality you want the formula to achieve. Specify if you are looking for lookups, calculations, aggregations, or any other specific operations.
FAQ
What does the RECEIVED function do?
What are the arguments of the RECEIVED function?
How do I use the RECEIVED function in Excel?
What is the result of the RECEIVED function?
Can I use the RECEIVED function to calculate the amount received for multiple investments?