Financial =AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis])

Quiz =AMORLINC — 10 Questions

10 quiz questions about =AMORLINC — test syntax, arguments, examples & errors!

Questions: 10 questions 15 questions Random 10 or 15 questions from the pool + shuffled options each time

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Progress — 10 questions 1 of 10

Question 1 of 10 1/10

Which category does =AMORLINC belong to?

Question 2 of 10 2/10

What is the type of argument “salvage” in =AMORLINC?

Question 3 of 10 3/10

What is the type of argument “date_purchased” in =AMORLINC?

Question 4 of 10 4/10

Is argument “first_period” required in =AMORLINC?

Question 5 of 10 5/10

Is argument “rate” required in =AMORLINC?

Question 6 of 10 6/10

Is argument “period” required in =AMORLINC?

Question 7 of 10 7/10

What is the type of argument “basis” in =AMORLINC?

Question 8 of 10 8/10

Is argument “salvage” required in =AMORLINC?

Question 9 of 10 9/10

Is argument “basis” required in =AMORLINC?

Question 10 of 10 10/10

Which is the correct syntax of =AMORLINC?

Click a question to see the answer.

1. Which category does =AMORLINC belong to?

A. Web
B. Statistical
C. Financial ✓
D. Lookup & Reference

Explanation: Category is “Financial”.

2. What is the type of argument “salvage” in =AMORLINC?

A. Number ✓
B. Array
C. Reference
D. Text

Explanation: Type of “salvage” is “Number”.

3. What is the type of argument “date_purchased” in =AMORLINC?

A. Array
B. Date ✓
C. Value
D. Text

Explanation: Type of “date_purchased” is “Date”.

4. Is argument “first_period” required in =AMORLINC?

A. —
B. No
C. Yes ✓
D. Yes

Explanation: “first_period” is required.

5. Is argument “rate” required in =AMORLINC?

A. No
B. Yes
C. —
D. Yes ✓

Explanation: “rate” is required.

6. Is argument “period” required in =AMORLINC?

A. Yes ✓
B. Yes
C. No
D. —

Explanation: “period” is required.

7. What is the type of argument “basis” in =AMORLINC?

A. Number ✓
B. Value
C. Text
D. Reference

Explanation: Type of “basis” is “Number”.

8. Is argument “salvage” required in =AMORLINC?

A. Yes ✓
B. —
C. No
D. Yes

Explanation: “salvage” is required.

9. Is argument “basis” required in =AMORLINC?

A. No ✓
B. Yes
C. —
D. No

Explanation: “basis” is optional.

10. Which is the correct syntax of =AMORLINC?

A. AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis])
B. =AMORDEGRC(cost, date_purchased, first_period, salvage, period, rate, [basis])
C. =AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis], 0)
D. =AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis]) ✓

Explanation: Correct syntax: =AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis])