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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: []

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: []