Re: 6 months/12 month rates off
Dale E. Reed Jr. ( (no email) )
Sat, 19 Apr 1997 23:55:57 -0700
Ronnie D. Franklin wrote:
> Thanks Dale... I tried several different routines before sending it to the
> list... But just have not figured out how to get it where I need it...
> What it appears is that you are taking the monthly rate * the tax and then
> multipling it times the number of months... What I mean by "standard" is
> that the monthly rate * the number of months then * the tax would work.
> Emerald way for 6 months:
> monthly tax
> 17.95 * 1.0675 = 19.161625
> rounded to 19.16 * 6 = 114.96
> "Standard" way:
> monthly months tax
> 17.95 * 6 = 107.70 * 1.0675 = 114.97
Ok. I see your point. I corrected the tax calculation order to be
rather than before.
-- Dale E. Reed Jr. (email@example.com)_________________________________________________________________ IEA Software, Inc. | RadiusNT, Emerald, and NT FAQs Internet Solutions for Today | http://www.emerald.iea.com