diff --git a/README.md b/README.md
index 29cbfe2..becb97a 100644
--- a/README.md
+++ b/README.md
@@ -89,7 +89,7 @@ There's no `default` export in the ESM implementation, so you have to explicitel
  - [X] `pv`
  - [X] `rate`
  - [X] `irr`
- - [ ] `npv`
+ - [X] `npv`
  - [ ] `mirr`
 
 
diff --git a/package.json b/package.json
index ba339b7..d7edf95 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "financial",
   "description": "A Zero-dependency TypeScript/JavaScript port of numpy-financial",
   "author": "Luciano Mammino <no@spam.com> (https://loige.co)",
-  "version": "0.0.17",
+  "version": "0.0.18",
   "repository": {
     "type": "git",
     "url": "https://github.com/lmammino/financial.git"
diff --git a/src/financial.ts b/src/financial.ts
index 54f78bc..374bbd5 100644
--- a/src/financial.ts
+++ b/src/financial.ts
@@ -502,6 +502,75 @@ export function irr (values: number[], guess = 0.1, tol = 1e-6, maxIter = 100):
   return resultRate
 }
 
+/**
+ * Returns the NPV (Net Present Value) of a cash flow series.
+ *
+ * @param rate - The discount rate
+ * @param values - The values of the time series of cash flows.  The (fixed) time
+ * interval between cash flow "events" must be the same as that for
+ * which `rate` is given (i.e., if `rate` is per year, then precisely
+ * a year is understood to elapse between each cash flow event).  By
+ * convention, investments or "deposits" are negative, income or
+ * "withdrawals" are positive; `values` must begin with the initial
+ * investment, thus `values[0]` will typically be negative.
+ * @returns The NPV of the input cash flow series `values` at the discount `rate`.
+ *
+ * ## Warnings
+ *
+ * `npv considers a series of cashflows starting in the present (t = 0).
+ * NPV can also be defined with a series of future cashflows, paid at the
+ * end, rather than the start, of each period. If future cashflows are used,
+ * the first cashflow `values[0]` must be zeroed and added to the net
+ * present value of the future cashflows. This is demonstrated in the
+ * examples.
+ *
+ * ## Notes
+ *
+ * Returns the result of:
+ *
+ * ```
+ * \\sum_{t=0}^{M-1}{\\frac{values_t}{(1+rate)^{t}}}
+ * ```
+ *
+ * ## Examples
+ *
+ * Consider a potential project with an initial investment of $40 000 and
+ * projected cashflows of $5 000, $8 000, $12 000 and $30 000 at the end of
+ * each period discounted at a rate of 8% per period. To find the project's
+ * net present value:
+ *
+ * ```javascript
+ * import {npv} from 'financial'
+ *
+ * const rate = 0.08
+ * const cashflows = [-40_000, 5000, 8000, 12000, 30000]
+ * npv(rate, cashflows) // 3065.2226681795255
+ * ```
+ *
+ * It may be preferable to split the projected cashflow into an initial
+ * investment and expected future cashflows. In this case, the value of
+ * the initial cashflow is zero and the initial investment is later added
+ * to the future cashflows net present value:
+ *
+ * ```javascript
+ * const initialCashflow = cashflows[0]
+ * cashflows[0] = 0
+ *
+ * npv(rate, cashflows) + initialCashflow // 3065.2226681795255
+ * ```
+ *
+ * ## References
+ *
+ * L. J. Gitman, "Principles of Managerial Finance, Brief,"
+ * 3rd ed., Addison-Wesley, 2003, pg. 346.
+ */
+export function npv (rate: number, values: number[]) : number {
+  return values.reduce(
+    (acc, curr, i) => acc + (curr / (1 + rate) ** i),
+    0
+  )
+}
+
 /**
  * This function is here to simply have a different name for the 'fv'
  * function to not interfere with the 'fv' keyword argument within the 'ipmt'
diff --git a/test/examples.test.ts b/test/examples.test.ts
index 1c08fd5..a51b454 100644
--- a/test/examples.test.ts
+++ b/test/examples.test.ts
@@ -46,4 +46,14 @@ describe('Source code docs examples', () => {
     expect(f.irr([-100, 100, 0, 7])).toBeCloseTo(0.0620584, 6)
     expect(f.irr([-5, 10.5, 1, -8, 1])).toBeCloseTo(0.088598, 6)
   })
+
+  test('npv()', () => {
+    const rate = 0.08
+    const cashflows = [-40_000, 5000, 8000, 12000, 30000]
+    expect(f.npv(rate, cashflows)).toBeCloseTo(3065.22266817, 6)
+
+    const initialCashflow = cashflows[0]
+    cashflows[0] = 0
+    expect(f.npv(rate, cashflows) + initialCashflow).toBeCloseTo(3065.22266817, 6)
+  })
 })
diff --git a/test/financial.test.ts b/test/financial.test.ts
index 65b0136..65cc69b 100644
--- a/test/financial.test.ts
+++ b/test/financial.test.ts
@@ -1,6 +1,7 @@
-import { fv, pmt, nper, ipmt, ppmt, pv, rate, irr, PaymentDueTime } from '../src/financial'
+import { fv, pmt, nper, ipmt, ppmt, pv, rate, irr, npv, PaymentDueTime } from '../src/financial'
 
-// Based on https://github.com/numpy/numpy-financial/blob/master/numpy_financial/tests/test_financial.py
+// Mostly based on
+// https://github.com/numpy/numpy-financial/blob/master/numpy_financial/tests/test_financial.py
 
 describe('fv()', () => {
   it('calculates float when is end', () => {
@@ -154,3 +155,9 @@ describe('irr()', () => {
     expect(irr([-5, 10.5, 1, -8, 1], 0.1, 1e-10, 2)).toBeNaN()
   })
 })
+
+describe('npv()', () => {
+  it('calculates float', () => {
+    expect(npv(0.05, [-15000, 1500, 2500, 3500, 4500, 6000])).toBeCloseTo(122.894855, 6)
+  })
+})