Hi Macropod:
I don't know where you got "13 decimal places" from (I was trying to find
the limit myself when I answered the question...)
I thought that internally they were 32-bit signed floats, which would yield
a precision of nine "digits", not decimal places. That's a bit tight for
loan calculations in dollars and percentages over 20 years.
But, I couldn't immediately lay my hands on the definitive answer.
Cheers
On 17/3/06 11:40 PM, in article
(E-Mail Removed), "macropod"
<(E-Mail Removed)> wrote:
> Hi John,
>
> I would have thought Word field results that are accurate to 13 decimal
> places would be sufficiently precise for most people...
>
> I do agree, though, that Excel is a better tool for the job.
>
> Cheers
>
>
> "John McGhie [MVP - Word and Word Macintosh]" <(E-Mail Removed)> wrote in
> message news:C03BA61C.31975%(E-Mail Removed)...
>> Hi Ed:
>>
>> It "could", but it's not safe to use it like this. Word's math functions
> do
>> not have sufficient precision to calculate amortisation accurately.
>>
>> Use Excel: it's made for the job. You can automatically insert the
> results
>> Excel produces into your Word document.
>>
>> Cheers
>>
>>
>> On 2/3/06 1:48 AM, in article (E-Mail Removed), "Ed"
>> <ed_millis@NO_SPAM.yahoo.com> wrote:
>>
>>> I've Googled the newsgroups and the knowledge base, and can't find
> anything
>>> on this. Is it possible to set up a loan calculator with Word's limited
>>> math functions?
>>>
>>> Ed
>>>
>>>
>>
>> --
>>
>> Please reply to the newsgroup to maintain the thread. Please do not email
>> me unless I ask you to.
>>
>> John McGhie <(E-Mail Removed)>
>> Microsoft MVP, Word and Word for Macintosh. Consultant Technical Writer
>> Sydney, Australia +61 (0) 4 1209 1410
>>
>
>
--
Please reply to the newsgroup to maintain the thread. Please do not email
me unless I ask you to.
John McGhie <(E-Mail Removed)>
Microsoft MVP, Word and Word for Macintosh. Consultant Technical Writer
Sydney, Australia +61 (0) 4 1209 1410