Question

What does the YEARFRAC function do?

Select one:
A. Returns the number of years between a start date and end date
B. Returns the number of working days between a start and end date, allowing for holidays Incorrect
C. Returns the number of months since the beginning of the current year
D. Returns the current year divided by 365

Answer 1

The YEARFRAC function in Excel calculates the fractional years between two dates, accounting for the number of days in each month and any leap years.

Step-by-step explanation:

The YEARFRAC function in Excel is a mathematical function that calculates the fractional years between two dates. It returns the number of years between a start date and an end date, taking into account the number of days in each month and any leap years. This function is commonly used in financial and business calculations, such as calculating interest or determining the length of an investment.