On Thu, 27 Jan 2022 18:32:03 -0500, Tony Harminc wrote: > ... >Still, there are nine (9) significant digits to those rates - beats >Cowlishaw's 5-digit tax rates on a phone call.Try that in binary FP. >For that matter, try calculating the total bill across the city using >traditional packed decimal. > Why not BFP or HFP? Is it a requirement for GAAP compliance of intermediate results?
I have long suspected that GAAP was the most plausible (but not rational, IMO) motivation for DFP I believe that enforcing GAAP on intermediate results gives a less accurate ultimate result -- it's just identical to what quill pen and parchment would have given. -- gil ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
