Difference between revisions of "Documentation/How Tos/Calc: DOLLARDE function"

Latest revision as of 12:31, 31 January 2024

FUNCTIONS

Depreciation

Payment Streams, Annuities, Loans

Securities

Coupons

Miscellaneous

Converts a fractional number representation of a number into a decimal number.

DOLLARDE(fractionalrep; denominator)

fractionalrep: the fractional representation. Sometimes a security price, for example, might be expressed as 2.03, meaning $2 and 3/16 of a dollar.

denominator: the denominator - for example, 16 in the example above.

DOLLARDE converts the fractional representation to decimal. Despite its name, it returns a number, not a currency. Its inverse is DOLLARFR.

DOLLARDE(2.03; 16)

returns 2.1875 as a number. 2 + 3/16 equals 2.1875.

See Also

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-__NOTOC__
+{{DISPLAYTITLE: DOLLARDE function}}
+{{Documentation/CalcFunc FinancialTOC
+|ShowPrevNext=block
+|PrevPage=Documentation/How_Tos/Calc:_COUPPCD_function
+|NextPage=Documentation/How_Tos/Calc:_DOLLARFR_function
+}}__NOTOC__
 == DOLLARDE ==
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 :  returns <tt>'''2.1875'''</tt> as a number. <tt>'''2'''</tt> + <tt>'''3/16'''</tt> equals <tt>'''2.1875'''</tt>.
-{{Documentation/SeeAlso|
+{{SeeAlso|EN|
 * [[Documentation/How_Tos/Calc: DOLLARFR function|DOLLARFR]]
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 * [[Documentation/How_Tos/Calc: Functions listed alphabetically|Functions listed alphabetically]]
 * [[Documentation/How_Tos/Calc: Functions listed by category|Functions listed by category]]}}
-[[Category: Documentation/Reference/Calc]]
+[[Category: Documentation/Reference/Calc/Financial functions]]