So you are saying we should just get rid of pennies? Actually that story is at the same time shocking, and yet makes perfect sense. It would be a great experiment to do that today and see what happens, especially when people charge n.99 for things.
Bob On Jul 16, 2012, at 3:36 PM, Peter M. Brigham wrote: > On Jul 16, 2012, at 3:07 PM, Dr. Hawkins wrote: > >>> As you noted, using REAL for currency arithmetic will get >>> you into rounding issues but sounds like that's not a problem. One >>> approach I've seen for currency values is to store them as integers >>> including the decimal places, e.g $100.00 would be stored as 10000, do the >>> arithemtic in that form, then insert the decimal point for display >>> purposes. >> >> Actually working with the pennies, desirable as it would be, creates >> new issues--displaying in livecode fields. I think it will be simpler >> to store in pennies, and convert to dollars while working, and back on >> save. > > For his entire life, my father kept the running balances in his checkbook > register in whole dollar amounts only, rounding each time he re-totaled. At > the end of the year he was off by at most $2, usually accurate to the nearest > dollar. In certain contexts, ignoring the small change doesn't matter at all > for the big picture. > > -- Peter > > Peter M. Brigham > pmb...@gmail.com > http://home.comcast.net/~pmbrig > > > _______________________________________________ > use-livecode mailing list > use-livecode@lists.runrev.com > Please visit this url to subscribe, unsubscribe and manage your subscription > preferences: > http://lists.runrev.com/mailman/listinfo/use-livecode _______________________________________________ use-livecode mailing list use-livecode@lists.runrev.com Please visit this url to subscribe, unsubscribe and manage your subscription preferences: http://lists.runrev.com/mailman/listinfo/use-livecode
