WorksheetFunction.Xnpv Method (Excel)
Returns the net present value for a schedule of cash flows that is not necessarily periodic. Read/write Double.
Syntax
expression .Xnpv(Arg1, Arg2)
expression A variable that represents a WorksheetFunction object.
Parameters
Name |
Required/Optional |
Data Type |
Description |
|---|---|---|---|
Arg1 |
Required |
Variant |
A series of cash flows that corresponds to a schedule of payments in dates. The first payment is optional and corresponds to a cost or payment that occurs at the beginning of the investment. |
Arg2 |
Required |
Variant |
A schedule of payment dates that corresponds to the cash flow payments. The first payment date indicates the beginning of the schedule of payments. All other dates must be later than this date, but they may occur in any order. |
Return Value
Double
Remarks
To calculate the net present value for a series of cash flows that is periodic, use the Npv method.
Important
The Xnpv method does not provide a parameter that corresponds to the rate argument required by the corresponding XNPV function (=XNPV(rate, values, dates)). To work around this limitation in VBA code, instead of using the Xpnv method, call the XNPV function by using the Evaluate method as shown in the following example.
Example
The following example returns the net present value for an investment with the above cost and returns. The cash flows are discounted at 9 percent. (2086.6476 or 2086.65)
Dim npv As Double
npv = Application.Evaluate("=XNPV(.09,A2:A6,B2:B6)")