I have an old Fluke 87 (among others) that I have used for many years. While researching info for a new DMM, Not a replacement but rather a complimenmt to my trusty old 87. I find that I really dont understand the functionality of the "AC+DC" mode on some newer DMM's.
What is it
AC and DC are components of a complex signal.
AC Voltage means RMS Voltage for AC component (effective Voltage of alternating current).
DC Voltage means Voltage for DC component (constant Voltage offset).
Both components produce power dissipation on the applied load.
So, you're needs to sum them together in order to get effective Voltage for a total dissipated power.
AC+DC Voltage = sqrt([AC RMS Voltage]^2 + [DC Voltage]^2)
and when would it become usefull ?
it can be useful when you want to calculate real power dissipation on the load.
When power source has DC component (DC bias) it will leads to additional power dissipation on the load. DMM which measure just AC RMS Voltage don't take DC component into account. DMM which measure AC+DC Voltage take into account both components.