Financial
=RATE(nper, pmt, pv, [fv], [type], [guess])
Quiz =RATE — 10 Questions
10 quiz questions about =RATE — test syntax, arguments, examples & errors!
Questions:
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Progress — 10 questions
1 of 10
Question 1 of 10
1/10
In =RATE, which is argument #1?
Explanation: Argument #1 is “nper”.
Question 2 of 10
2/10
How many required arguments does =RATE have?
Explanation: =RATE has 3 required, 3 optional (6 total).
Question 3 of 10
3/10
Is argument “nper” required in =RATE?
Explanation: “nper” is required.
Question 4 of 10
4/10
In =RATE, which is argument #2?
Explanation: Argument #2 is “pmt”.
Question 5 of 10
5/10
Which is the correct syntax of =RATE?
Explanation: Correct syntax: =RATE(nper, pmt, pv, [fv], [type], [guess])
Question 6 of 10
6/10
What is the type of argument “nper” in =RATE?
Explanation: Type of “nper” is “Number”.
Question 7 of 10
7/10
Is argument “type” required in =RATE?
Explanation: “type” is optional.
Question 8 of 10
8/10
Which formula is a valid example of =RATE?
Explanation: Correct example: =RATE(A2*12, A3, A4)
Question 9 of 10
9/10
What is the type of argument “guess” in =RATE?
Explanation: Type of “guess” is “Number”.
Question 10 of 10
10/10
Which category does =RATE belong to?
Explanation: Category is “Financial”.