Assume that you are dealing with money and you do a lot of calculations that you want them to be exact. Which of the following data types is the best option to store this in a relation?Question 1Select one:a.char(12)b.integerc.decimal(10,2)d.varchar(12)
Question
Assume that you are dealing with money and you do a lot of calculations that you want them to be exact. Which of the following data types is the best option to store this in a relation?Question 1Select one:a.char(12)b.integerc.decimal(10,2)d.varchar(12)
Solution
To store money values and ensure exact calculations, the best option would be the decimal data type. The decimal data type allows for precise storage and manipulation of decimal numbers, such as currency values. The decimal(10,2) data type specifically indicates that the number can have a maximum of 10 digits, with 2 of them being reserved for decimal places. This ensures that the stored money values are accurate and maintain their precision during calculations. Therefore, the correct answer is c. decimal(10,2).
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