RECEIVED Function in Excel: Amount Received at Maturity

⏱ 1 min readUpdated 28 September 2026

FinancialLevel: ExpertAvailable in: Excel 2007+

In this article
  1. Syntax
  2. Examples
  3. Example 1
  4. Related functions

RECEIVED calculates what you get back at maturity for a discounted security.

Syntax

=RECEIVED(settlement, maturity, investment, discount, [basis])
Argument What it means
discount Discount rate.

Examples

Example 1

=RECEIVED(DATE(2021,4,1), DATE(2021,6,30), 98500, 6%, 3)

Maturity amount on a 90-day bill.

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