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  2. Numeric precision in Microsoft Excel - Wikipedia

    en.wikipedia.org/wiki/Numeric_precision_in...

    Excel maintains 15 figures in its numbers, but they are not always accurate; mathematically, the bottom line should be the same as the top line, in 'fp-math' the step '1 + 1/9000' leads to a rounding up as the first bit of the 14 bit tail '10111000110010' of the mantissa falling off the table when adding 1 is a '1', this up-rounding is not undone when subtracting the 1 again, since there is no ...

  3. Rounding - Wikipedia

    en.wikipedia.org/wiki/Rounding

    This variant of the round-to-nearest method is also called convergent rounding, statistician's rounding, Dutch rounding, Gaussian rounding, odd–even rounding, [6] or bankers' rounding. [ 7 ] This is the default rounding mode used in IEEE 754 operations for results in binary floating-point formats.

  4. Round-off error - Wikipedia

    en.wikipedia.org/wiki/Round-off_error

    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 is a tie, the floating-point number whose last stored digit is even (also ...

  5. Round number - Wikipedia

    en.wikipedia.org/wiki/Round_number

    A round number is an integer that ends with one or more "0"s (zero-digit) in a given base. [1] So, 590 is rounder than 592, but 590 is less round than 600. In both technical and informal language, a round number is often interpreted to stand for a value or values near to the nominal value expressed.

  6. Amortization schedule - Wikipedia

    en.wikipedia.org/wiki/Amortization_schedule

    This amortization schedule is based on the following assumptions: First, it should be known that rounding errors occur and, depending on how the lender accumulates these errors, the blended payment (principal plus interest) may vary slightly some months to keep these errors from accumulating; or, the accumulated errors are adjusted for at the end of each year or at the final loan payment.

  7. Decimal time - Wikipedia

    en.wikipedia.org/wiki/Decimal_time

    Since there are about 365 days in a year, there are about ⁠ 365 / 10 ⁠ = 36.5 days in a tenth of a year. Hence the year 2020.5 represents the day 2 July 2020. [22] More exactly, a "Julian year" is exactly 365.25 days long, so a tenth of the year is 36.525 days (36 days, 12 hours, 36 minutes).

  8. Exponential decay - Wikipedia

    en.wikipedia.org/wiki/Exponential_decay

    (If N(t) is discrete, then this is the median life-time rather than the mean life-time.) This time is called the half-life, and often denoted by the symbol t 1/2. The half-life can be written in terms of the decay constant, or the mean lifetime, as: / = ⁡ = ⁡ ().

  9. Hundredth - Wikipedia

    en.wikipedia.org/wiki/Hundredth

    A hundredth is also one percent. A hundredth is the reciprocal of 100. A hundredth is written as a decimal fraction as 0.01, and as a vulgar fraction as 1/100. [2] “Hundredth” is also the ordinal number that follows “ninety-ninth” and precedes “hundred and first.” It is written as 100th.