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> I would argue that financial math by definition needs to be accurate to the penny. Where is "pretty close" financial calculations considered acceptable? Comp
by msla 7y ago
> I would argue that financial math by definition needs to be accurate to the penny. Where is "pretty close" financial calculations considered acceptable?
Computing tips, from the standpoint of a customer paying the tip.
Saying "pay 20%" isn't precise to begin with, in that you will not use fractional cents to make it precise, so having a tipping granularity a bit larger than a penny is also acceptable, particularly in jurisdictions where there is no one-cent coin (or equivalent) in any event.