Core Java · interview question
When dealing with currency in Java, why is it crucial to use BigDecimal instead of float or double?
Multiple choiceEasychapter-7-curatedpremiumcore-javabigdecimal-and-money
Answer and explanation
Correct answer
B. BigDecimal provides arbitrary precision.
Why
BigDecimal provides arbitrary precision which is essential for accurate financial calculations. Floating-point types can introduce rounding errors that are unacceptable in monetary contexts.
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