Article ID: 149232 - View products that this article applies to.
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In the versions of Microsoft Excel listed above, the online Help entries for the EFFECT and NOMINAL functions state that EFFECT is calculated using the following formula:
This information is incorrect. The function is actually calculated using this formula:
For more information about the EFFECT function, click the Index tab in Microsoft Excel Help, type the following text
EFFECTand then double-click the selected text to go to the "EFFECT" topic.
Article ID: 149232 - Last Review: September 30, 2013 - Revision: 1.3