Financial =EFFECT(nominal_rate, npery)

Quiz =EFFECT — 10 Questions

10 quiz questions about =EFFECT — 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

What is the fix for #NUM! in =EFFECT?

Question 2 of 10 2/10

What is the fix for #VALUE! in =EFFECT?

Question 3 of 10 3/10

Since which Excel version is =EFFECT available?

Question 4 of 10 4/10

How many optional arguments does =EFFECT have?

Question 5 of 10 5/10

What is the output type of =EFFECT?

Question 6 of 10 6/10

Which is the correct syntax of =EFFECT?

Question 7 of 10 7/10

Is argument “nominal_rate” required in =EFFECT?

Question 8 of 10 8/10

Which formula is a valid example of =EFFECT?

Question 9 of 10 9/10

In =EFFECT, which is argument #1?

Question 10 of 10 10/10

Does =EFFECT return a dynamic array?

Click a question to see the answer.

1. What is the fix for #NUM! in =EFFECT?

A. Check the two arguments ✓
B. Text is always ignored
C. یکی از آرگومان‌ها غیرعددی است.
D. Only works in old versions

Explanation: If nominal_rate ≤ 0 or if npery < 1, EFFECT returns the #NUM! error value. — Fix: Check the two arguments

2. What is the fix for #VALUE! in =EFFECT?

A. Text is always ignored
B. Only works in old versions
C. Output is always a dynamic array
D. برای هر دو آرگومان مقدار عددی وارد کنید و بررسی کنید سلول‌ها متنی یا خالی نباشند. ✓

Explanation: If either argument is nonnumeric, EFFECT returns the #VALUE! error value. — Fix: برای هر دو آرگومان مقدار عددی وارد کنید و بررسی کنید سلول‌ها متنی یا خالی نباشند.

3. Since which Excel version is =EFFECT available?

A. Excel 2007 (Compatibility)
B. Excel 365
C. All versions ✓
D. Excel 2019

Explanation: Version: “All versions”.

4. How many optional arguments does =EFFECT have?

A. 1
B. —
C. 0 ✓
D. 2

Explanation: =EFFECT has 2 required, 0 optional (2 total).

5. What is the output type of =EFFECT?

A. Number ✓
B. Array
C. Text
D. Date

Explanation: Output is “Number”.

6. Which is the correct syntax of =EFFECT?

A. =FV(nominal_rate, npery)
B. =EFFECT(nominal_rate, npery) ✓
C. EFFECT(nominal_rate, npery)
D. =EFFECT(nominal_rate, npery, 0)

Explanation: Correct syntax: =EFFECT(nominal_rate, npery)

7. Is argument “nominal_rate” required in =EFFECT?

A. Yes
B. No
C. Yes ✓
D. —

Explanation: “nominal_rate” is required.

8. Which formula is a valid example of =EFFECT?

A. =FV(A2,A3)
B. =EFFECT(A2,A3) ✓
C. EFFECT(A2,A3)
D. =EFFECT(A2,A3, 0)

Explanation: Correct example: =EFFECT(A2,A3)

9. In =EFFECT, which is argument #1?

A. range
B. nominal_rate ✓
C. lookup_value
D. npery

Explanation: Argument #1 is “nominal_rate”.

10. Does =EFFECT return a dynamic array?

A. —
B. No
C. Yes
D. No ✓

Explanation: EFFECT does not spill.