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Re: Regarding banking software

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From David Lamb <dalamb@cs.queensu.ca>
Newsgroups comp.lang.java.programmer
Subject Re: Regarding banking software
Date Tue, 02 Oct 2012 21:48:10 -0400
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On 02/10/2012 2:59 PM, bob smith wrote:
> Don't you need to be able to raise to a floating point power for interest?  (i.e. not an integer)

Only for things like present value, which is for financial planning 
rather than managing one's money directly. There are Rules (with a 
capital R) for how many digits to keep for simple interest calculations; 
compounding happens naturally as they add the interest to the principal 
(no exponentiation involved).

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Thread

Regarding banking software Navnath Gadakh <navnathgadakh@gmail.com> - 2012-09-30 21:25 -0700
  Re: Regarding banking software Roedy Green <see_website@mindprod.com.invalid> - 2012-10-01 10:26 -0700
    Re: Regarding banking software Arne Vajhøj <arne@vajhoej.dk> - 2012-10-01 19:43 -0400
  Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-01 13:10 -0700
    Re: Regarding banking software Lew <lewbloch@gmail.com> - 2012-10-01 13:59 -0700
      Re: Regarding banking software Arne Vajhøj <arne@vajhoej.dk> - 2012-10-01 19:46 -0400
    Re: Regarding banking software Arne Vajhøj <arne@vajhoej.dk> - 2012-10-01 19:44 -0400
      Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-02 07:18 -0700
        Re: Regarding banking software Peter Duniho <NpOeStPeAdM@NnOwSlPiAnMk.com> - 2012-10-02 09:19 -0700
          Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-02 11:59 -0700
            Re: Regarding banking software Peter Duniho <NpOeStPeAdM@NnOwSlPiAnMk.com> - 2012-10-02 12:04 -0700
              Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-02 13:00 -0700
                Re: Regarding banking software Peter Duniho <NpOeStPeAdM@NnOwSlPiAnMk.com> - 2012-10-02 13:34 -0700
                Re: Regarding banking software bob smith <bob@coolfone.comze.com> - 2012-10-02 14:22 -0700
                Re: Regarding banking software Peter Duniho <NpOeStPeAdM@NnOwSlPiAnMk.com> - 2012-10-02 14:40 -0700
                Re: Regarding banking software glen herrmannsfeldt <gah@ugcs.caltech.edu> - 2012-10-02 22:44 +0000
                Re: Regarding banking software Lew <lewbloch@gmail.com> - 2012-10-02 15:52 -0700
                Re: Regarding banking software Gene Wirchenko <genew@ocis.net> - 2012-10-02 14:55 -0700
            Re: Regarding banking software David Lamb <dalamb@cs.queensu.ca> - 2012-10-02 21:48 -0400
  Re: Regarding banking software Arne Vajhøj <arne@vajhoej.dk> - 2012-10-01 19:40 -0400
  Re: Regarding banking software David Lamb <dalamb@cs.queensu.ca> - 2012-10-01 22:41 -0400
  Re: Regarding banking software Jeff Higgins <jeff@invalid.invalid> - 2012-10-02 03:25 -0400

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