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- Matrix element
- Managing errors
FinNetCurrentVal (Function) In french: FinValActuelleNette Returns the net current value of investment. This investment is based on variable financial flows. Reminder: The net current value corresponds to the value at today's date of a series of future disbursements (negative values) and collections (positive values). Remark: From a financial point of view, an investment will be deemed profitable if its NCV (Net Current Value) is positive.
// Net current value of investment. The interest rate is set to 8%.
ResNetCurrentVal = FinNetCurrentVal(8, "Matrix")
Syntax
<Result> = FinNetCurrentVal(<Rate> [, <Matrix name> [, <Row/Column number> [, <Row/Column>]]])
<Result>: Real or currency Net current value of investment. <Rate>: Real Interest rate of investment expressed in percentage (1 by default). For example, for a 5% rate, this parameter will be set to 5. This rate cannot be null. <Matrix name>: Optional character string Name of matrix (defined by MatCreate) containing the disbursements and the collections originating from the investment. <Row/Column number>: Optional integer Number of the row or column containing the data (1 by default). <Row/Column>: Optional boolean - True (default) if the series of values corresponds to a matrix column,
- False if the series of values corresponds to a matrix row.
Remarks The matrix row or column analyzed by FinNetCurrentVal must contain the following elements: | | | Number of the row/column | Content | | 1 | Invested amount (disbursed): negative | | 2 | Revenue for year 1: credited or debited | | 3 | Revenue for year 2: credited or debited | | ..... | | | N-1 | Revenue for year N-2: credited or debited | | N | Revenue for year N-1: credited or debited |
Caution: FinNetCurrentVal returns no error code. To determine if this function has generated errors, use FinError. To get more details on the error, use ErrorInfo with the errMessage constant.
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