Finance

Net Present Value

NPV of a series of cash flows (year 0 first).

Formula

Formula
NPV = Σ CFt1 + r

Variables

SymbolDefinitionType & rangeUnitsRole
CFₜ cash flow at time t list of real numbers input
r discount rate real number (ℝ) input

Try it yourself

Interactive calculator
comma or space separated numbers
Result

Worked examples

Example 1
Givencash flows = -1000, 300, 400, 500, 600, discount rate (%) = 10
Result388.7712588
Example 2
Givencash flows = -5000, 2000, 2000, 2000, discount rate (%) = 8
Result154.1939745