Financial =NOMINAL(effect_rate, npery)

Quiz =NOMINAL — 15 Questions

15 quiz questions about =NOMINAL — 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 — 15 questions 1 of 15

Question 1 of 15 1/15

Which use case fits =NOMINAL?

Question 2 of 15 2/15

In =NOMINAL, which is argument #2?

Question 3 of 15 3/15

What usually causes #VALUE! in =NOMINAL?

Question 4 of 15 4/15

Which category does =NOMINAL belong to?

Question 5 of 15 5/15

Which is the correct syntax of =NOMINAL?

Question 6 of 15 6/15

Does =NOMINAL return a dynamic array?

Question 7 of 15 7/15

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

Question 8 of 15 8/15

Is =NOMINAL volatile?

Question 9 of 15 9/15

Is argument “npery” required in =NOMINAL?

Question 10 of 15 10/15

What is the output type of =NOMINAL?

Question 11 of 15 11/15

Is argument “effect_rate” required in =NOMINAL?

Question 12 of 15 12/15

How many required arguments does =NOMINAL have?

Question 13 of 15 13/15

Since which Excel version is =NOMINAL available?

Question 14 of 15 14/15

Which statement about =NOMINAL is correct?

Question 15 of 15 15/15

How many optional arguments does =NOMINAL have?

Click a question to see the answer.

1. Which use case fits =NOMINAL?

A. Financial Calculations ✓
B. External Data, Web & Cube
C. Dynamic Ranges & Dashboards
D. Advanced Formulas

Explanation: Use case “Financial Calculations” fits NOMINAL.

2. In =NOMINAL, which is argument #2?

A. npery ✓
B. value
C. effect_rate
D. range

Explanation: Argument #2 is “npery”.

3. What usually causes #VALUE! in =NOMINAL?

A. Output is always a dynamic array
B. If either argument is nonnumeric, NOMINAL returns the #VALUE! error value. ✓
C. Text is always ignored
D. Volatile and recalculates every time

Explanation: If either argument is nonnumeric, NOMINAL returns the #VALUE! error value. — Fix: برای effect_rate و npery مقادیر عددی وارد کنید.

4. Which category does =NOMINAL belong to?

A. Text
B. Financial ✓
C. Statistical
D. Math & Trig

Explanation: Category is “Financial”.

5. Which is the correct syntax of =NOMINAL?

A. =NOMINAL(effect_rate, npery) ✓
B. =NOMINAL(effect_rate, npery, 0)
C. NOMINAL(effect_rate, npery)
D. =EFFECT(effect_rate, npery)

Explanation: Correct syntax: =NOMINAL(effect_rate, npery)

6. Does =NOMINAL return a dynamic array?

A. Yes
B. No ✓
C. No
D. —

Explanation: NOMINAL does not spill.

7. What is the fix for #NUM! in =NOMINAL?

A. یک یا هر دو آرگومان غیرعددی هستند.
B. Volatile and recalculates every time
C. Check the two arguments ✓
D. Text is always ignored

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

8. Is =NOMINAL volatile?

A. —
B. Yes
C. No
D. No ✓

Explanation: NOMINAL is not volatile.

9. Is argument “npery” required in =NOMINAL?

A. Yes ✓
B. Yes
C. —
D. No

Explanation: “npery” is required.

10. What is the output type of =NOMINAL?

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

Explanation: Output is “Number”.

11. Is argument “effect_rate” required in =NOMINAL?

A. No
B. —
C. Yes ✓
D. Yes

Explanation: “effect_rate” is required.

12. How many required arguments does =NOMINAL have?

A. 3
B. 4
C. 1
D. 2 ✓

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

13. Since which Excel version is =NOMINAL available?

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

Explanation: Version: “All versions”.

14. Which statement about =NOMINAL is correct?

A. Npery is truncated to an integer. ✓
B. The relationship between NOMINAL and EFFECT is shown in the following equation:
C. Only works in old versions
D. Select entire column for best performance

Explanation: Correct: Npery is truncated to an integer.

15. How many optional arguments does =NOMINAL have?

A. 1
B. 2
C. 0 ✓
D. —

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