Martha Stewart called it a Good Thing when [EMAIL PROTECTED] ("Claudio Lapidus") wrote:
> With regard to precision, it is common in certain applications the need to
> handle very small amounts, especially when used as factors of a larger
> calculation. I've even seen once some rates defined in hundredths of cents!Well, you don't need terribly much precision in the currency exchange rate if the amount being converted is small. You only need a couple significant digits to convert $0.24 USD to the appropriate amount in $CDN. But to get the pennies right on a $10,000 USD transaction converted into GBP (UK Pounds), you need all the official precision that there is. And if your calculation is off by 4 cents, some of those accounting folk are liable to thrash you mercilessly over it. If you get calculations WRONG, they get really uncomfortable, and want to know why. -- (reverse (concatenate 'string "ac.notelrac.teneerf" "@" "454aa")) http://www3.sympatico.ca/cbbrowne/linuxdistributions.html "Women who seek to be equal to men lack ambition. " -- Timothy Leary ---------------------------(end of broadcast)--------------------------- TIP 7: don't forget to increase your free space map settings
