On Sun, Jan 15, 2012 at 6:19 PM, <[email protected]> wrote: > That said, there are subtle differences between the two, but beyond that > there are different expectations of what precision means. For instance, if > you were to write a amortization calculator, you might be tempted to carry > fractional value across calculation periods. In a financial environment > this is not done, nothing is carried across transactions.
So, if I ever implement amortizations (I don't even know what that means, but this thread has given some hints and they are tantalizing) how should I implement them? Calculate one year at a time, then round and calculate again, until the thing expires/matures? -Daniel _______________________________________________ Discuss mailing list [email protected] http://lists.blu.org/mailman/listinfo/discuss
