Multiple Choice Quiz

Click on the correct response for each question below.

1		Which of the following is the correct syntax for the ROUND function?
			A)	ROUND (number. digits)
			B)	ROUND (value, places)
			C)	=ROUND (places, number)
			D)	=ROUND (number, digits)
2		What is the range of a value calculated by the RAND function?
			A)	between 0 and 1
			B)	between 0 and 10
			C)	between 0 and 100
			D)	between 1 and 10
3		Which of the following is not a function used to display a date’s component values?
			A)	=DAY(date_value)
			B)	=TODAY(date_value)
			C)	=MONTH (date_value)
			D)	=YEAR (date_value)
4		An annuity is:
			A)	too complex to explain.
			B)	the difference between a stock and a bond.
			C)	a series of equal cash payments that are made over a given period of time.
			D)	the time value of money.
5		Which of the following are financial functions?
			A)	PPMT
			B)	NPV
			C)	IRR
			D)	all of the above