// 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.