moneysplit

Divide a sum of money in a certain ratio, making sure that the amounts add up exactly to the total.
443 Downloads
Updated 2 Jun 2009

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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.

Cite As

John T. McCarthy (2024). moneysplit (https://www.mathworks.com/matlabcentral/fileexchange/24312-moneysplit), MATLAB Central File Exchange. Retrieved .

MATLAB Release Compatibility
Created with R2006a
Compatible with any release
Platform Compatibility
Windows macOS Linux
Categories
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Version Published Release Notes
1.1.0.0

revised tags

1.0.0.0