L1: RoundingMy Question is on Rounding Numbers For example annuall payout $26834.82. I’m taking
monthly distribution comes out to be $ 2236.235 can this be rounded to $2236.24
RJ2013-02-26 15:03, By: rj, IP: [126.96.36.199]
L2: RoundingWell, since US currency doesn’t support half pennies you have to round and .24 is OK.
12 X $2,236.24 = $26,834.88 which only $0.06 from your calculated annual distribution and the magic number is within $0.50 for rounding calculations.
Jim F2013-02-26 15:11, By: Jim F, IP: [188.8.131.52]