Description Converts a dollar figure from fractional form to decimal form.
Syntax DOLLARDE (dollar, denominator)
| Argument | Description |
|---|---|
| dollar | A dollar amount expressed as a fraction in the following manner: The digits to the left of the decimal represent the number of whole dollars. The digits to the right of the decimal point represent the numerator of the fractional portion of the dollar |
| denominator | The denominator of the fractional portion of the dollar. |
Remarks This function is useful for converting dollar amounts involved in securities dealings, where dollar amounts are often expressed in fractions.
Examples This function returns 25.75:
See Also DOLLARFR
