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Default adding/subtracting # of hours from a time

Good morning.

Is there a way to add or subtract a number (signifying the number of hours)
to a time. For example, in one column I have a time: 12:30PM, in the next
column I have a number -1.5, and I want to say, what is 12:30PM minus the 1.5
hours to equal 11:00AM?

Any help would be greatly appreciated. Thank you very much!
 
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