[Discuss] Financial database / balance?

[dcrookston at gmail.com (Daniel C.)]

On Sun, Jan 15, 2012 at 6:19 PM,  <markw at mohawksoft.com> wrote:
> That said, there are subtle differences between the two, but beyond that
> there are different expectations of what precision means. For instance, if
> you were to write a amortization calculator, you might be tempted to carry
> fractional value across calculation periods. In a financial environment
> this is not done, nothing is carried across transactions.

So, if I ever implement amortizations (I don't even know what that
means, but this thread has given some hints and they are tantalizing)
how should I implement them?  Calculate one year at a time, then round
and calculate again, until the thing expires/matures?

-Daniel