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.

The DOLLARDE function syntax is:

DOLLARDE(fractional-dollar, fraction)

where

fractional-dollar is an integer part and a fraction part separated by a decimal symbol.

fraction is an integer you wish to use as a denominator for the fraction part of the fractional-dollar value.

Note: for example, the fractional-dollar value, expressed as 1.03, is interpreted as 1 + 3/n, where n is the fraction value.

The numeric values can be entered manually or included into the cell you make reference to.

To apply the DOLLARDE function,

1. select the cell where you wish to display the result,
2. click the Insert function icon situated at the top toolbar,
   or right-click within a selected cell and select the Insert Function option from the menu,
   or click the icon situated at the formula bar,
3. select the Financial function group from the list,
4. click the DOLLARDE function,
5. enter the required arguments separating them by commas,
6. press the Enter button.

The result will be displayed in the selected cell.