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Re: Rounding errors in financial app transforms

Subject: Re: Rounding errors in financial app transforms
From: Florent Georges <darkman_spam@xxxxxxxx>
Date: Fri, 27 Jul 2007 00:38:23 +0200 (CEST)
Re:  Rounding errors in financial app transforms
Dimitre Novatchev wrote:

  Hi

> > So if you try to round $100.105 to 2 decimal places you
> > will get $100.11 whereas any financial system will (probably)
> > expect $100.10.

> > If this IS the case you are going to have to force values at
> > the tipping point to go down not up.

> Isn't this exactly what
>        round-half-to-even($arg as numeric?, $precision as xs:integer)
> as numeric?
> is supposed to do?

  As I understand it, it will round 100.115 to 100.12.  And the
description above always draws down when the last significant digit is
5, so would produces 100.11 instead.

  But I can be wrong, indeed.

  Regards,

--drkm























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