Quotation by

Alexander John Ellis

Rounding to the nearest cent is sufficiently accurate for practical purposes.

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Understanding this quote AI Analysis

When dealing with money, it is precise enough to adjust amounts to the closest penny. This level of accuracy meets the needs of everyday financial transactions without unnecessary complexity.

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If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.

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