moneysplit
by John T. McCarthy
30 May 2009
(Updated 02 Jun 2009)
Divide a sum of money in a certain ratio, making sure that the amounts add up exactly to the total.
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| Description |
EXAMPLE: y = moneysplit(3679.02,[100 100 200])
---> [919.75 919.76 1839.51]
PURPOSE: When sums of money are divided, and when the dividend amounts have been rounded to the nearest cent, they may not add up exactly to the total. It is then necessary to look at further decimal places, in order to find 'the best candidates' to change.
This function performs the task, and makes sure that the smaller amounts add up exactly to the total. This is no 'rocket science' program, but it can be of help in filling in expense accounts, and also in the subdivision of share-lots for a tax return. |
| MATLAB release |
MATLAB 7.2 (R2006a)
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| Updates |
| 02 Jun 2009 |
revised tags |
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