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Microsoft® Excel® 2010 Formulas & Functions Inside Out by Helmut Reinke Egbert Jeschke Sara Unverhau, Eckehard Pfeifer, Bodo Fienitz, and Jens Bock

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DOLLARFR()

Syntax. DOLLARFR(Number,Factor)

Definition. This function converts the decimal places of a decimal number into the numerator of a fraction with a given denominator and displays them in the decimal places.

Arguments

  • Number (required) The decimal number whose decimal places are to be converted

  • Factor (required) The denominator for which the numerator is calculated. If Factor is not an integer, the decimal places are truncated. A positive Factor is expected. If the argument equals zero, DOLLARFR() returns the error #DIV/0!. If it is negative, the error #NUMBER! is displayed.

Background. Until 2001, the stock quotations in the large stock markets in the United States were traditionally done with natural fractions. In other countries, interest ...

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