Re: Floating Point and Financial Software

Mike Duvos writes:

There seem to be a few mini-flames on the list over whether floating point data representations are appropriate for financial software.

In a nutshell, the answer is "YES", and the use of floating point arithmetic is common in such applications.

Again, I have seen floating point used for things like rates and in simulations. I have never seen it used for accounting. If you can name a system in which accounts were kept in floats I'd like to hear about it -- personally I'd be surprised. I've never seen such a thing. .pm