When iteration is turned off and the model builder inputs a circular formula, which of the following best describes what is likely to happen?

Select one:

Excel will calculate through the circular formula and the status bar will say "calculate"

The formula returns "will calculate", an error message may be displayed and the status bar will say "circular reference" but no cell reference is given

An error message is always displayed when the circular formula is linked in

The formula returns $0\mathrm{.}0,$ an error message may be displayed and the status bar will say "circular reference" and give a cell reference