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Although Excel allows display of up to 30 decimal places, its precision for any specific number is no more than 15 significant figures, and calculations may have an accuracy that is even less due to five issues: round off, [a] truncation, and binary storage, accumulation of the deviations of the operands in calculations, and worst: cancellation ...
If a decimal string with at most 6 significant digits is converted to the IEEE 754 single-precision format, giving a normal number, and then converted back to a decimal string with the same number of digits, the final result should match the original string. If an IEEE 754 single-precision number is converted to a decimal string with at least 9 ...
Double-precision floating-point format (sometimes called FP64 or float64) is a floating-point number format, usually occupying 64 bits in computer memory; it represents a wide range of numeric values by using a floating radix point. Double precision may be chosen when the range or precision of single precision would be insufficient.
Thus, only 10 bits of the significand appear in the memory format but the total precision is 11 bits. In IEEE 754 parlance, there are 10 bits of significand, but there are 11 bits of significand precision (log 10 (2 11) ≈ 3.311 decimal digits, or 4 digits ± slightly less than 5 units in the last place).
The cell contents are not changed by this format, only the displayed value. Some cell formats such as "numeric" or "currency" can also specify the number of decimal places. This can allow invalid operations (such as doing multiplication on a cell containing a date), resulting in illogical results without an appropriate warning.
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, the decimal numbers 0.1 and 0.01 cannot be represented exactly as binary floating-point numbers. In the IEEE 754 binary32 format with its 24-bit significand, the result of attempting to square the approximation to 0.1 is neither 0.01 nor the representable number closest to it. The decimal number 0.1 is represented in binary as e ...
Bounds on conversion between decimal and binary for the 80-bit format can be given as follows: If a decimal string with at most 18 significant digits is correctly rounded to an 80-bit IEEE 754 binary floating-point value (as on input) then converted back to the same number of significant decimal digits (as for output), then the final string ...