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!
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Progress — 10 questions
1 of 10
Question 1 of 10
1/10
Which function is NOT related to =AMORLINC?
Explanation: “PROB” is not related to AMORLINC.
Question 2 of 10
2/10
How many optional arguments does =AMORLINC have?
Explanation: =AMORLINC has 6 required, 1 optional (7 total).
Question 3 of 10
3/10
Is argument “first_period” required in =AMORLINC?
Explanation: “first_period” is required.
Question 4 of 10
4/10
Is =AMORLINC volatile?
Explanation: AMORLINC is not volatile.
Question 5 of 10
5/10
Which is the correct syntax of =AMORLINC?
Explanation: Correct syntax: =AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis])
Question 6 of 10
6/10
Which use case fits =AMORLINC?
Explanation: Use case “Financial Calculations” fits AMORLINC.
Question 7 of 10
7/10
What is the type of argument “rate” in =AMORLINC?
Explanation: Type of “rate” is “Number”.
Question 8 of 10
8/10
What is the type of argument “basis” in =AMORLINC?
Explanation: Type of “basis” is “Number”.
Question 9 of 10
9/10
In =AMORLINC, which is argument #3?
Explanation: Argument #3 is “first_period”.
Question 10 of 10
10/10
What is the type of argument “cost” in =AMORLINC?
Explanation: Type of “cost” is “Number”.