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1 and 2-cent coins will remain legal tender. [10] Finland: 1980 to 1990, 2002 onwards: The 1-penni coin was phased out in 1980 and the 5-penni coin in 1990. [11] When Finland introduced euro notes and coins in 2002, cash payments were rounded to the nearest five cents, [12] however one- and two-cent coins remain legal tender. Finland has its ...
For example, rounding x = 2.1784 dollars to whole cents (i.e., to a multiple of 0.01) entails computing 2.1784 / 0.01 = 217.84, then rounding that to 218, and finally computing 218 × 0.01 = 2.18. When rounding to a predetermined number of significant digits , the increment m depends on the magnitude of the number to be rounded (or of the ...
A round number is mathematically defined as an integer which is the product of a considerable number of comparatively small factors [12] [13] as compared to its neighboring numbers, such as 24 = 2 × 2 × 2 × 3 (4 factors, as opposed to 3 factors for 27; 2 factors for 21, 22, 25, and 26; and 1 factor for 23).
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There are two common rounding rules, round-by-chop and round-to-nearest. The IEEE standard uses round-to-nearest. Round-by-chop: The base-expansion of is truncated after the ()-th digit. This rounding rule is biased because it always moves the result toward zero. Round-to-nearest: () is set to the nearest floating-point number to . When there ...
A fixed-point representation of a fractional number is essentially an integer that is to be implicitly multiplied by a fixed scaling factor. For example, the value 1.23 can be stored in a variable as the integer value 1230 with implicit scaling factor of 1/1000 (meaning that the last 3 decimal digits are implicitly assumed to be a decimal fraction), and the value 1 230 000 can be represented ...
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I've seen two sources that claim that it's correct to round (e.g.) 2.459 to 2.4 rather than 2.5, though they both give the same bogus logic: that 2.45 might as well be rounded to 2.4 as to 2.5, and so this also applies to 2.459, even though this is a different number and is obviously closer to 2.5.