# Documentation/Calc Functions/NPV

TDF LibreOffice Document Liberation Project Community Blogs Weblate Nextcloud Redmine Ask LibreOffice Donate

## Function name:

NPV

## Category:

Financial Analysis

## Summary:

**NPV** stands for *Net Present Value*. The function calculates the present value of an investment based on a series of periodic cash flows and a discount rate. To get the net present value, subtract the cost of the project (the initial cash flow at time zero) from the returned value.

## Syntax:

NPV(**Rate**; **Number 1** [; **Number 2** [; … [; **Number 254**]])

## Returns:

Returns the present value of an investment based on a series of periodic cash flows and a discount rate.

## Arguments:

**Rate** is a real number(expressed as a percentage or fraction) or a reference to the cell containing that number which is the discount rate for a period.

**Number 1**, **Number 2**, … ,**Number 254** are real numbers, references to cells or to cell ranges of numbers.

- If
**Rate**is -100% or -1 then the function returns a numeric (#NUM!) error.

## Additional details:

- The formula for NPV is:

- If the payments take place at irregular intervals, use the XNPV function.

## Examples:

Formula | Description | Returns |
---|---|---|

=NPV(8.75%;10;20;30) | The function calculates the net present value of periodic payments of 10, 20, and 30 currency units with a discount rate of 8.75%. At time zero the costs were paid as -40 currency units. The net present value is the returned value minus the initial costs of 40 currency units, therefore 9.43 currency units. | ₹49.43 |

=NPV(0.0875;A1:A3) where A1:A3 contains 10,20,30 | The function calculates the net present value of periodic payments of 10, 20, and 30 currency units with a discount rate of 8.75%. At time zero the costs were paid as -40 currency units. The net present value is the returned value minus the initial costs of 40 currency units, therefore 9.43 currency units. | ₹49.43 |

=NPV(8.75%;10;-20;30) | The function calculates the net present value of periodic payments of 10, -20, and 30 currency units with a discount rate of 8.75%. At time zero the costs were paid as -40 currency units. The net present value is the returned value minus the initial costs of 40 currency units, therefore -24.39 currency units. | 15.61 |

## Related LibreOffice functions:

## ODF standard:

## Equivalent Excel functions:

NPV