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Converting between fractional prices and decimal prices (DOLLARDE and DOLLARFR)

Converting between fractional prices and decimal prices (DOLLARDE and DOLLARFR): Excel 2013: Financial Functions in Depth
Converting between fractional prices and decimal prices (DOLLARDE and DOLLARFR): Excel 2013: Financial Functions in Depth

When you listen to a financial report, you might hear a price such as 1 and five sixteenths or 1.3125. Those two statements actually represent the same value; the trick is to convert between decimal notation and fractional notation. In Excel, you can do that by using the DOLLARDE and DOLLARFR functions.

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Skill Level Intermediate
2h 38m
Duration
114,508
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Skills covered in this course
Business Spreadsheets Excel

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