# DOLLARDE

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.

2. In the Add-Ins available list, select the Analysis ToolPak box, and then click OK.
3. 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.

1. Create a blank workbook or worksheet.
2. Select the example in the Help topic.

Note   Do not select the row or column headers.

Selecting an example from Help
1. Press CTRL+C.
2. In the worksheet, select cell A1, and press CTRL+V.
3. To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.
A B
Formula Description (Result)
=DOLLARDE(1.02,16) Converts 1.02, read as 1 and 2/16, to a decimal number (1.125)
=DOLLARDE(1.1,32) Converts 1.1, read as 1 and 10/32, to a decimal number (1.3125)

Applies to:
Excel 2003