How can I round money values to the nearest $5.00 interval?

Posted by Frank Developer on Stack Overflow See other posts from Stack Overflow or by Frank Developer
Published on 2010-03-28T04:00:10Z Indexed on 2010/03/28 4:03 UTC
Read the original article Hit count: 376

I have an Informix-SQL based Pawnshop app which calculates an estimate of how much money should be loaned to a customer, based on the weight and purity of gold. The minimum the pawnshop lends is $5.00. The pawnshop employee will typically lend amounts which either ends with a 5 or 0. examples: 10, 15, 20, 100, 110, 125, etc. They do this so as to not run into shortage problems with $1.00 bills. So, if for example my system calculates the loan should be: $12.49, then round it to $10, $12.50 to $15.00, $13.00 to $15.00, $17.50 to $20.00, and so on!..The employee can always override the rounded amount if necessary. Is it possible to accomplish this within the instructions section of a perform screen or would I have to write a cfunc and call it from within perform?.. Are there any C library functions which perform interval rounding of money values?.. On another note, I think the U.S. Government should discontinue the use of pennies so that businesses can round amounts to the nearest nickel, it would save so much time and weight in our pockets!

© Stack Overflow or respective owner

Related posts about informix

Related posts about Oracle