When using the PRICE function, common questions usually involve formula entry, argument checks, and result verification; this FAQ covers 3 frequent questions and a short glossary.
FAQ
What should I do if the PRICE function shows an error after I enter it?
- Check whether the formula starts with
=. - Check whether parentheses are paired correctly and arguments are separated correctly.
- Review the number and order of arguments and the contents of referenced cells.
- Correct the formula and press Enter again.
How can I view the argument guidance for the PRICE function?
- Select any editable cell.
- Type
=PRICE(. - Review the syntax guidance that appears.
- Continue entering each argument based on the prompt.
What should I check if the PRICE result does not look correct?
- Check whether referenced numbers are stored as text.
- Check whether date arguments are valid and in a logical order.
- Check whether there is a circular reference or a related formula issue.
- Recalculate and review the result again.
Glossary
| Term | Definition |
|---|---|
| PRICE | A financial function used to calculate the price per 100 face value of a security that pays periodic interest. |
| Argument | A value or cell reference entered in a function in a specific order to determine the result. |
| Syntax guidance | The on-screen parameter prompt that appears while entering a function to help complete the formula correctly. |