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Floating point is fine for monetary values where you are not performing accounting calculations. Most front-office finance applications work just fine using flo
by bidirectional 5y ago
Floating point is fine for monetary values where you are not performing accounting calculations. Most front-office finance applications work just fine using floating point, there's not much point trying to calculate compound interest, price an option or bootstrap a yield curve using anything but floating point.
- is0tope 5y agoCorrect perhaps I should have been clearer as monetary values that are auditable, and need to add up.