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

Which use case fits =EFFECT?

Question 2 of 10 2/10

Is =EFFECT volatile?

Question 3 of 10 3/10

What usually causes #NUM! in =EFFECT?

Question 4 of 10 4/10

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

Question 5 of 10 5/10

How many optional arguments does =EFFECT have?

Question 6 of 10 6/10

What usually causes #VALUE! in =EFFECT?

Question 7 of 10 7/10

Which category does =EFFECT belong to?

Question 8 of 10 8/10

What is the type of argument “npery” in =EFFECT?

Question 9 of 10 9/10

What is the output type of =EFFECT?

Question 10 of 10 10/10

Which function is related to =EFFECT?

Click a question to see the answer.

1. Which use case fits =EFFECT?

A. Reshape Tables
B. Conditional Formatting & Validation
C. External Data, Web & Cube
D. Financial Calculations ✓

Explanation: Use case “Financial Calculations” fits EFFECT.

2. Is =EFFECT volatile?

A. No ✓
B. Yes
C. —
D. No

Explanation: EFFECT is not volatile.

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

A. Volatile and recalculates every time
B. If nominal_rate ≤ 0 or if npery < 1, EFFECT returns the #NUM! error value. ✓
C. Requires add-in
D. Text is always ignored

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

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

A. Check the two arguments ✓
B. Volatile and recalculates every time
C. یکی از آرگومان‌ها غیرعددی است.
D. Select entire column for best performance

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

5. How many optional arguments does =EFFECT have?

A. 2
B. 0 ✓
C. —
D. 1

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

6. What usually causes #VALUE! in =EFFECT?

A. If either argument is nonnumeric, EFFECT returns the #VALUE! error value. ✓
B. Only works in old versions
C. Output is always a dynamic array
D. Text is always ignored

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.

7. Which category does =EFFECT belong to?

A. Financial ✓
B. Text
C. Web
D. Engineering

Explanation: Category is “Financial”.

8. What is the type of argument “npery” in =EFFECT?

A. Number ✓
B. Logical
C. Value
D. Date

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

9. What is the output type of =EFFECT?

A. Value
B. Text
C. Number ✓
D. Mixed

Explanation: Output is “Number”.

10. Which function is related to =EFFECT?

A. PMT
B. PERCENTILE.INC
C. ISNUMBER
D. FV ✓

Explanation: “FV” is related to EFFECT.