Converts a dollar price expressed as a fraction into a dollar price expressed as a decimal number. Use DOLLARDE to convert fractional dollar numbers, such as securities prices, to decimal numbers.
If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.
How?- On the Tools menu, click Add-Ins.
- In the Add-Ins available list, select the Analysis ToolPak box, and then click OK.
- If necessary, follow the instructions in the setup program.
Syntax
DOLLARDE(fractional_dollar,fraction)
Fractional_dollar is a number expressed as a fraction.
Fraction is the integer to use in the denominator of the fraction.
Remarks
- If fraction is not an integer, it is truncated.
- If fraction is less than 0, DOLLARDE returns the #NUM! error value.
- If fraction is 0, DOLLARDE returns the #DIV/0! error value.
Example
The example may be easier to understand if you copy it to a blank worksheet.
- Create a blank workbook or worksheet.
- Select the example in the Help topic. Do not select the row or column headers.
Selecting an example from Help
- Press CTRL+C.
- In the worksheet, select cell A1, and press CTRL+V.
- To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Tools menu, point to Formula Auditing, and then click Formula Auditing Mode.
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