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Excel might also show the #NUM! error when: 1  A formula uses a function that iterates, such as IRR or RATE, and it canât find a result. To fix this, change the number of times Excel iterates formulas: Click File > Options. 2  A formula results in a number thatâs too large or too small to be shown in Excel.
If the row_num or column_num argument is set to zero (0), an Excel INDEX formula returns the reference for the entire column or row, respectively. If both row_num and column_num are omitted, the INDEX function returns the area specified in the area_num argument.