Formula Generator - DOLLAR function
The DOLLAR function formats a number into the locale-specific currency format. It takes two arguments: the number to be formatted and the number of decimal places to display (optional). The function returns the formatted number as a text string.How to generate an DOLLAR formula using AI.
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DOLLAR formula syntax.
The DOLLAR function in Excel is used to convert a number to text with a specific currency format. The syntax for the DOLLAR function is: DOLLAR(number, decimals) - number: This is the number you want to convert to text. - decimals: This is an optional argument that specifies the number of decimal places to display. If omitted, the default is 2. The DOLLAR function returns the number converted to text with a currency symbol and the specified number of decimal places. For example, =DOLLAR(1234.567, 2) would return "$1,234.57".
Calculating Total Revenue
Calculates the total revenue by multiplying the unit price by the quantity sold and formatting the result into the locale-specific currency format.
=DOLLAR(B2*C2, 2)
Calculating Monthly Budget
Calculates the monthly budget by summing up the income and subtracting the expenses, and formatting the result into the locale-specific currency format.
=DOLLAR(SUM(B2:B10) - SUM(C2:C10), 2)
Calculating Sales Tax
Calculates the sales tax by multiplying the total amount by the tax rate and formatting the result into the locale-specific currency format.