Financial
=FV(rate,nper,pmt,[pv],[type])
Quiz =FV — 15 Questions
15 quiz questions about =FV — test syntax, arguments, examples & errors!
Questions:
10 questions
15 questions
Random 10 or 15 questions from the pool + shuffled options each time
Progress — 15 questions
1 of 15
Question 1 of 15
1/15
Which category does =FV belong to?
Explanation: Category is “Financial”.
Question 2 of 15
2/15
What is the type of argument “type” in =FV?
Explanation: Type of “type” is “Number”.
Question 3 of 15
3/15
Is argument “pmt” required in =FV?
Explanation: “pmt” is required.
Question 4 of 15
4/15
What is the type of argument “nper” in =FV?
Explanation: Type of “nper” is “Number”.
Question 5 of 15
5/15
Which function is related to =FV?
Explanation: “FVSCHEDULE” is related to FV.
Question 6 of 15
6/15
Which formula is a valid example of =FV?
Explanation: Correct example: =FV(A2/12, A3, A4, A5, A6)
Question 7 of 15
7/15
Which use case fits =FV?
Explanation: Use case “Financial Calculations” fits FV.
Question 8 of 15
8/15
In =FV, which is argument #3?
Explanation: Argument #3 is “pmt”.
Question 9 of 15
9/15
Since which Excel version is =FV available?
Explanation: Version: “All versions”.
Question 10 of 15
10/15
Is =FV volatile?
Explanation: FV is not volatile.
Question 11 of 15
11/15
Which statement about =FV is correct?
Explanation: Correct: Make sure that you are consistent about the units you use for specifying rate and nper. If you make monthly payments on a four-year loan at 12 percent annual interest, use 12%/12 for rate and 4*12 for nper. If you make annual payments on the same loan, use 12% for rate and 4 for nper.
Question 12 of 15
12/15
In =FV, which is argument #1?
Explanation: Argument #1 is “rate”.
Question 13 of 15
13/15
How many optional arguments does =FV have?
Explanation: =FV has 3 required, 2 optional (5 total).
Question 14 of 15
14/15
In =FV, which is argument #2?
Explanation: Argument #2 is “nper”.
Question 15 of 15
15/15
Is argument “pv” required in =FV?
Explanation: “pv” is optional.