Formula generator for DOLLARDE function
The DOLLARDE function is used to convert a price quotation given as a decimal fraction into a decimal value. It takes two arguments: the fractional price and the unit. The fractional price represents the price quotation as a decimal fraction, and the unit represents the denominator of the fraction. The function returns the decimal value of the price quotation.
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How to generate an DOLLARDE formula using AI.
To obtain information on the ARRAY_CONSTRAIN formula, you could ask the AI chatbot the following question: “To get the DOLLARDE formula, you can ask the AI chatbot the following question: "What is the Excel formula to convert a decimal number into a fractional dollar amount?"”
DOLLARDE formula syntax
The DOLLARDE function in Excel is used to convert a fractional number into a decimal number. Its syntax is as follows: =DOLLARDE(fraction, decimal_places) - The "fraction" argument is the fractional number you want to convert into a decimal. - The "decimal_places" argument is the number of decimal places you want in the resulting decimal number. For example, if you have the fraction 3/4 and you want to convert it into a decimal with 2 decimal places, you can use the following formula: =DOLLARDE(3/4, 2) The result will be 0.75, which is the decimal representation of 3/4 with 2 decimal places.
Use Cases & Examples
In these use cases, we use the DOLLARDE function to convert a dollar price into a decimal number, representing the fractional portion of a dollar. This is useful when working with financial data or currency conversions.
Converting Price Quotation to Decimal Value
Description
In this use case, we use the DOLLARDE function to convert a price quotation given as a decimal fraction into a decimal value.
Result
DOLLARDE(fractional_price, unit)
Calculating Total Cost
Description
In this use case, we use the DOLLARDE function along with other functions to calculate the total cost of a product based on the quantity and unit price.
Result
quantity * DOLLARDE(unit_price, 1)
Determining Discounted Price
Description
In this use case, we use the DOLLARDE function along with other functions to determine the discounted price of a product based on the original price and discount percentage.
Result
original_price * (1 - DOLLARDE(discount_percentage, 1))
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