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DOLLARDE function
The DOLLARDE function is one of the financial functions. It is used to convert a dollar price represented as a fraction into a dollar price represented as a decimal number.
Syntax
DOLLARDE(fractional_dollar, fraction)
The DOLLARDE function has the following arguments:
Argument | Description |
---|---|
fractional_dollar | An integer part and a fraction part separated by a decimal symbol. |
fraction | An integer you wish to use as a denominator for the fraction part of the fractional_dollar value. |
Notes
For example, the fractional_dollar value, expressed as 1.03, is interpreted as 1 + 3/n, where n is the fraction value.
How to apply the DOLLARDE function.
Examples
The figure below displays the result returned by the DOLLARDE function.
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