floating-point division

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January 6th, 2004, 03:19 PM

gigowski

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Join Date: Jan 2004

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floating-point division

I have the following code in a script:

Code:

' Pecentage Interest on Loan
YearlyInterestPercent = 6.5

' Get Annual Interst Rate from Interest Percentage
YearlyInterestRate = YearlyInterestPercent / 100

' Divide Yearly Interest Rate by 12
' to Get Monthly Interst Rate
MonthlyInterestRate = YearlyInterestRate / 12

These values are supplied by the user using a form but I made them static for this example. For some reason, when dividing the Yearly Interst rate by twelve, MonthlyInterestRate equals 5.41666666666667E-03. The result should be 0.005416667. Does anyone know what I can do to correct this?

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