Float vs Integer: Storing Monetary Values

Float vs Integer: Which is the Better Choice for Storing Monetary Values?

Question

Which of the following BEST explains the use of float over integer to store monetary values?

Answers

Explanations

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A. B. C. D.

D.

The BEST explanation for using float over integer to store monetary values is that it supports decimals. Monetary values, such as prices and costs, often require decimal precision to accurately represent the value. For example, if you are storing the price of an item in a database, you may need to include decimal values for cents or fractions of a penny.

Floats are a type of data type that can store decimal values, while integers can only store whole numbers. Integers are great for storing counts or quantities, such as the number of items in a cart or the number of customers who purchased a product. However, when dealing with monetary values, float is a better choice as it allows for greater accuracy and flexibility in representing values.

The other options listed in the answer choices are not as relevant to the use of float over integer for storing monetary values. For example, integers can also accept negative values, and there is no need to store symbols when representing monetary values. While floats can accommodate larger values, this is not the primary reason for using floats over integers for monetary values. Therefore, the best explanation is that floats support decimals, making them a better choice for storing monetary values.