# Using Float and Double for Monetary or Financial Calculation in Java | Code Factory

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# Using double and float for exact calculation

This is one of common mistake Java programmer make until they are familiar with

class. When we learn Java programming we have been told that use **BigDecimal**

and **float**

to represent decimal numbers its not been told that result of floating point number is not exact, which makes them unsuitable for any financial calculation which requires exact result and not approximation.**double**

`float`

and `double`

are designed for engineering and scientific calculation and many times doesn’t produce exact result also result of floating point calculation may vary from JVM to JVM. Look at below example of BigDecimal and double primitive which is used to represent money value, its quite clear that floating point calculation may not be exact and one should use BigDecimal for financial calculations.

package com.codeFactory;import java.math.BigDecimal;/**

* @author code.factory

*

*/

public class Example {public static void main(String...strings) {

float f1 = 1.25f;

float f2 = 1.05f;

System.out.println("Float f1 - f2 : " + (f1 - f2));

double d1 = 1.25;

double d2 = 1.05;

System.out.println("Double d1 - d2 : " + (d1 - d2));

BigDecimal b1 = new BigDecimal("1.25");

BigDecimal b2 = new BigDecimal("1.05");

System.out.println("BigDecimal(\"\") b1 - b2 : " + (b1.subtract(b2)));

BigDecimal b3 = new BigDecimal(1.25);

BigDecimal b4 = new BigDecimal(1.05);

System.out.println("BigDecimal() b3 - b4 : " + (b3.subtract(b4)));

}

}

**Output :**

`Float f1 - f2 : 0.20000005`

Double d1 - d2 : 0.19999999999999996

BigDecimal("") b1 - b2 : 0.20

BigDecimal() b3 - b4 : 0.1999999999999999555910790149937383830547332763671875

You can see that using `float`

and `double`

for Financial Calculation not provide accurate result.

I also covered `BigDecimal`

different constructor. So based on the output you clear about which constructor use for the Financial Calculations.

Always use

with **BigDecimal**

constructor.**String**