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Nataly_w [17]
3 years ago
5

When doing currency exchange why is it better to carry the transaction out to five or six places rather than round to cents. Wha

t am I losing in the transaction? Keep in mind that we are transferring millions of dollars.
Mathematics
2 answers:
k0ka [10]3 years ago
6 0
When rounding earlier, it could be screwing you out of an extra few cents that you might eventually need for tax
soldier1979 [14.2K]3 years ago
4 0
Because exchanging is not always exact so rounding further back will add up per dollar
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