DOLLARFR

Converts a dollar price expressed as a decimal number into a dollar price expressed as a fraction. Use DOLLARFR to convert decimal numbers to fractional dollar numbers, such as securities prices.

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

DOLLARFR(decimal_dollar,fraction)

Decimal_dollar     is a decimal number.

Fraction     is the integer to use in the denominator of a fraction.

Remarks

• If fraction is not an integer, it is truncated.
• If fraction is less than 0, DOLLARFR returns the #NUM! error value.
• If fraction is 0, DOLLARFR 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)
=DOLLARFR(1.125,16) Converts the decimal number 1.125 to a number read as 1 and 2/16 (1.02)
=DOLLARFR(1.125,32) Converts the decimal number 1.125 to a number read as 1 and 1/8 (1.04)

Applies to:
Excel 2003