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#1
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Adding Incorrectly - off by 1 penny
Please try multiplying the following mileage by .4 to get the reimbursement
amount. 185.27 128.3 198.64 168.66 143.94 You should get the following: $74.11 $51.32 $79.46 $67.46 $57.58 Next add up the sum of those amounts. The sum should be $329.93 but Excel is giving me $329.92. If I type in the amounts alone (without the caluculation) the sum is correct. |
#2
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Adding Incorrectly - off by 1 penny
"Arlene" wrote: Please try multiplying the following mileage by .4 to get the reimbursement amount. 185.27 128.3 198.64 168.66 143.94 You should get the following: $74.11 $51.32 $79.46 $67.46 $57.58 Next add up the sum of those amounts. The sum should be $329.93 but Excel is giving me $329.92. If I type in the amounts alone (without the caluculation) the sum is correct. |
#3
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Adding Incorrectly - off by 1 penny
For seom reason my computer crashed half way through, in basic terms its a
rounding issue, the results of the multiplying by ".4" are rounded up/down, if you display them to 3 decimal places you'll see that. The sum function uses the entire number and not just the rounded version displayed, hence why using calc and sum gives you two different answers. Hope that Helps Paul "Paul Mugleston" wrote: "Arlene" wrote: Please try multiplying the following mileage by .4 to get the reimbursement amount. 185.27 128.3 198.64 168.66 143.94 You should get the following: $74.11 $51.32 $79.46 $67.46 $57.58 Next add up the sum of those amounts. The sum should be $329.93 but Excel is giving me $329.92. If I type in the amounts alone (without the caluculation) the sum is correct. |
#4
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Adding Incorrectly - off by 1 penny
It has to do with the format you are displaying. For example,
185.27*0.4 = 74.108. With 2 decimals precision it will display as 74.11. The sum of your numbers multiplied by 0.4 is exactly 329.924 HTH Kostis Vezerides On Oct 11, 6:06 pm, Arlene wrote: Please try multiplying the following mileage by .4 to get the reimbursement amount. 185.27 128.3 198.64 168.66 143.94 You should get the following: $74.11 $51.32 $79.46 $67.46 $57.58 Next add up the sum of those amounts. The sum should be $329.93 but Excel is giving me $329.92. If I type in the amounts alone (without the caluculation) the sum is correct. |
#5
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Adding Incorrectly - off by 1 penny
"Arlene" wrote in message
... Please try multiplying the following mileage by .4 to get the reimbursement amount. 185.27 128.3 198.64 168.66 143.94 You should get the following: $74.11 $51.32 $79.46 $67.46 $57.58 Next add up the sum of those amounts. The sum should be $329.93 but Excel is giving me $329.92. If I type in the amounts alone (without the caluculation) the sum is correct. Others have told you why this happens, but not what to do about it. You need to round each of your mileage calculations. For 185.27 in A1 and 0.4 in B1 you would use =ROUND(A1*B1,2) |
#6
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Adding Incorrectly - off by 1 penny
Thanks all!
"Stephen" wrote: "Arlene" wrote in message ... Please try multiplying the following mileage by .4 to get the reimbursement amount. 185.27 128.3 198.64 168.66 143.94 You should get the following: $74.11 $51.32 $79.46 $67.46 $57.58 Next add up the sum of those amounts. The sum should be $329.93 but Excel is giving me $329.92. If I type in the amounts alone (without the caluculation) the sum is correct. Others have told you why this happens, but not what to do about it. You need to round each of your mileage calculations. For 185.27 in A1 and 0.4 in B1 you would use =ROUND(A1*B1,2) |
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