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EFFECT

Supported, behaves as documented

Category: Financial · Last tested 2026-08-06

Real, executed compatibility results for the EFFECT function across Microsoft Excel, Google Sheets, and LibreOffice Calc — verified by actually running it. Syntax and links to each vendor’s official documentation are below.

Support matrix

EngineDocumentedLive-testedVerdict
Excel Yes Not yet n/a
Google Sheets Yes Not yet n/a
LibreOffice Calc Yes Yes (25.8.7.3, 2026-08-06) Supported, behaves as documented

Executed test cases

LibreOffice Calc 25.8.7.3 (tested 2026-08-06)

FormulaDescriptionResultExpectedVerdict
=ROUND(EFFECT(0.06,12),6) Effective rate of 6% nominal compounded monthly: (1.005)^12-1 0.061678 0.061678 Matched

Docs & syntax