Money: Interest Rate Defaults to the Second Decimal Place
Article ID: 182391
Article Last Modified on 1/22/2007
APPLIES TO
- Microsoft Money 2004 Deluxe Edition
- Microsoft Money 2003 Deluxe Edition
- Microsoft Money 2002 Deluxe Edition
- Microsoft Money 2001 Standard Edition
- Microsoft Money 2000 Standard Edition
- Microsoft Money 99 Standard Edition
- Microsoft Money 98 Standard Edition
- Microsoft Money 97 Standard Edition
- Microsoft Money 2000 Business & Personal Edition
- Microsoft Money 98 Deluxe Edition
- Microsoft Money 98 Financial Suite Edition
This article was previously published under Q182391
SYMPTOMS
When you create a loan with an interest rate that extends
to the third decimal place (X.XXX), Microsoft Money rounds to the second
decimal place (X.XX) in the Payment Terms of the loan.
MORE INFORMATION
Even though the decimal place is rounded, Money still
calculates the loan by using the original interest rate you typed when you
created the loan.
STATUS
This
behavior is by design.
Additional query words: w_money money2k 4.0 5.0 6.0 7.0 8.0 9.0 monkey rounding
m2001 Money98 Money99 Money2000 Money2001 Money2002 Money2003
Money2004
Keywords: kbprb KB182391