19297.47 =cell L12
in cells L14 = L12 * .29 = 5596.27
L15= L12 * .06 =1157.85
L16= L12* .06=559.63
now the weird part
5596.27+1157.85+559.63=7313.74....
I've readjusted the rounding and it still comes out the wrong answer.
It looked funny and that's the only reason I rechecked the math. I always recheck figures out of habit but now I'm wondering how many math errors are put in with Excel in bank statements, tax returns and other businesses that use excel.
Any suggestions or do I just have the lone buggy software?
L15 & L16 are the same equation - yet you get different results???
Is this a typo or is the formula wrong or ........ Karl Rove at work to destroy Apple.
L15 = L12 * .06 = 1157.85
L16 = L12 * .06 = 559.63
Hmmmm .... You equations don’t make any sense. Is L12 a variable or the result of a summation, or both?
L16= L12* .06=559.63
The appropriate answer is the same as L15. Your answer is ten percent of L14.
5596.27+1157.85+559.63=7313.74....
I've readjusted the rounding and it still comes out the wrong answer.
Is the "weird part" that it summed to 7313.74 instead of 7313.75?
If so, then the problem might be that your columns are using "single precision" floating point numbers [32-bits], and if you could change the type of the values to "double precision" floating point numbers, then you might get better [i.e. less noticeable] rounding error.
[Note that there will ALWAYS be rounding error when working with floating point numbers - the only question is HOW BAD the rounding error will be.]
Beyond that, there are some known bugs with the mathematics package in Excel 2007:
Excel 2007 Multiplication Bug
Monday September 24, 2007
http://it.slashdot.org/article.pl?sid=07/09/24/2339203