DOLLARDE

Function Type: Financial

Description:

Converts a dollar price, expressed as a fraction, into a dollar price, expressed as a decimal number.

Function Structure:

=DOLLARDE(fractional_dollar, fraction).

Argument Breakdown:

fractional_dollar – Dollar component in special fractional notation.

fraction – The denominator in the fractional unit. 8 = 1/8, 16 = 1/16, 32 = 1/32, etc.

Example:

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