https://bugs.documentfoundation.org/show_bug.cgi?id=152039

--- Comment #4 from Jonny Grant <j...@jguk.org> ---
Maybe it's just an English thing, we're taught as follows in formal education
https://thirdspacelearning.com/gcse-maths/number/decimal-places/#:~:text=re%20still%20stuck.-,What%20are%20decimal%20places%3F,the%20right%20of%20that%20number.

I know other countries may have different understandings, some even use
different separators (dot instead of comma etc)

May I check if you read the "Format cells" dialog?
"decimal places" refers to the number of decimal places after the dot.
If I set 3 decimal places on that dialog it does show the format code: #.000

Then my number I enter as: 1.0012

Only shows 1.001

So it seems accurate?

Anyway, without going over floating point. Why not truncate the output two 2
decimals after the dot? The rest can be displayed as 0 because it's obvious in
decimal arithmetic they will never be anything else even if I set 15 decimal
places after the dot.

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