Financial =CUMPRINC(rate, nper, pv, start_period, end_period, type)

Quiz =CUMPRINC — 10 Questions

10 quiz questions about =CUMPRINC — 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

Is argument “rate” required in =CUMPRINC?

Question 2 of 10 2/10

Is argument “pv” required in =CUMPRINC?

Question 3 of 10 3/10

What usually causes #NUM! in =CUMPRINC?

Question 4 of 10 4/10

In =CUMPRINC, which is argument #1?

Question 5 of 10 5/10

What is the type of argument “nper” in =CUMPRINC?

Question 6 of 10 6/10

What is the type of argument “start_period” in =CUMPRINC?

Question 7 of 10 7/10

In =CUMPRINC, which is argument #3?

Question 8 of 10 8/10

Which category does =CUMPRINC belong to?

Question 9 of 10 9/10

Which use case fits =CUMPRINC?

Question 10 of 10 10/10

How many optional arguments does =CUMPRINC have?

Click a question to see the answer.

1. Is argument “rate” required in =CUMPRINC?

A. No
B. —
C. Yes ✓
D. Yes

Explanation: “rate” is required.

2. Is argument “pv” required in =CUMPRINC?

A. Yes
B. No
C. Yes ✓
D. —

Explanation: “pv” is required.

3. What usually causes #NUM! in =CUMPRINC?

A. Only works in old versions
B. Text is always ignored
C. Volatile and recalculates every time
D. If rate ≤ 0, nper ≤ 0, or pv ≤ 0, CUMPRINC returns the #NUM! error value. If start_period < 1, end_period < 1, or start_period > end_period, CUMPRINC returns the #NUM! error value. If type is any number other than 0 or 1, CUMPRINC returns the #NUM! error value. ✓

Explanation: If rate ≤ 0, nper ≤ 0, or pv ≤ 0, CUMPRINC returns the #NUM! error value. If start_period < 1, end_period < 1, or start_period > end_period, CUMPRINC returns the #NUM! error value. If type is any number other than 0 or 1, CUMPRINC returns the #NUM! error value. — Fix: Check the inputs and the order of the start and end payments

4. In =CUMPRINC, which is argument #1?

A. criteria
B. lookup_value
C. rate ✓
D. end_period

Explanation: Argument #1 is “rate”.

5. What is the type of argument “nper” in =CUMPRINC?

A. Text
B. Array
C. Value
D. Number ✓

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

6. What is the type of argument “start_period” in =CUMPRINC?

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

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

7. In =CUMPRINC, which is argument #3?

A. pv ✓
B. nper
C. criteria
D. range

Explanation: Argument #3 is “pv”.

8. Which category does =CUMPRINC belong to?

A. Financial ✓
B. Engineering
C. Cube
D. Logical

Explanation: Category is “Financial”.

9. Which use case fits =CUMPRINC?

A. Financial Calculations ✓
B. Loans & Installments
C. Reshape Tables
D. Data Cleaning

Explanation: Use case “Financial Calculations” fits CUMPRINC.

10. How many optional arguments does =CUMPRINC have?

A. 6
B. 1
C. 2
D. 0 ✓

Explanation: =CUMPRINC has 6 required, 0 optional (6 total).