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In financial calculations, a number is often rounded to a given number of places. For example, to two places after the decimal separator for many world currencies. This is done because greater precision is immaterial, and usually it is not possible to settle a debt of less than the smallest currency unit.
Example: the decimal number () = (¯) can be rearranged into + ⏟ … Since the 53rd bit to the right of the binary point is a 1 and is followed by other nonzero bits, the round-to-nearest rule requires rounding up, that is, add 1 bit to the 52nd bit.
For example, while a fixed-point representation that allocates 8 decimal digits and 2 decimal places can represent the numbers 123456.78, 8765.43, 123.00, and so on, a floating-point representation with 8 decimal digits could also represent 1.2345678, 1234567.8, 0.000012345678, 12345678000000000, and so on.
For example, Wikipedia content can display numbers this way, as in the following examples: 149 597 870 700 metres is 1 astronomical unit 3.14159 26535 89793 23846 is π rounded to 20 decimal places 2.71828 18284 59045 23536 is e rounded to 20 decimal places.
The appropriate decimal places are used, [1] negative values are given using a hyphen-minus character. [2] The designation of a location as, for example [54.1855,-2.9857] means that it is potentially computer searchable and that it can be located by a generally (open) referencing system such as Google Earth or OpenStreetMap.
The last two examples illustrate what happens if x is a rather small number. In the second from last example, x = 1.110111⋯111 × 2 −50 ; 15 bits altogether. The binary is replaced very crudely by a single power of 2 (in this example, 2 −49) and its decimal equivalent is used.
4 decimal places: Approximating a fractional decimal number by one with fewer digits 2.1784: 2.18 2 decimal places Approximating a decimal integer by an integer with more trailing zeros 23217: 23200: 3 significant figures Approximating a large decimal integer using scientific notation: 300999999: 3.01 × 10 8: 3 significant figures
For example, the decimal number 123456789 cannot be exactly represented if only eight decimal digits of precision are available (it would be rounded to one of the two straddling representable values, 12345678 × 10 1 or 12345679 × 10 1), the same applies to non-terminating digits (. 5 to be rounded to either .55555555 or .55555556).