Purpose: The TIME statement enables programs to use time in the calculations in an easy to read format. TIME returns the time as a number with hours as the thousands and hundreds digits, minutes are the ones and tens digits. Seconds are stored after the decimal place in the first and second decimals.
Note: If the seconds are not specified, the time will be interpreted as hours:minutes and the seconds are assumed as zero.
12:30:05=1250.05
12:30 = 1230
Times are evaluated to real numbers using the following formula:
time = hour*100 + minutes + seconds / 100
The time of 14:30:30 is returned as a real number of value = 1430.30
