C# Formatting Currency

Question

I am seeing an intriguing situation rounding Currency in C# (VS 2008 SP1). Below is an image of the test cases:

I was expecting cases five, six, and seven (my bad on not numbering them in the output) to round the number up to a penny.

Here is my test code:

static void Main(string[] args)
{
    decimal one = 10.994m;
    decimal two = 10.995m;
    decimal three = 1.009m;
    decimal four = 0.0044m;
    decimal five = 0.0045m;
    decimal six = 0.0046m;
    decimal seven = 0.0049m;
    decimal eight = 0.0050m;

    Console.WriteLine(one + ": " + one.ToString("C"));
    Console.WriteLine(two + ": " + two.ToString("C"));
    Console.WriteLine(three + ": " + three.ToString("C"));
    Console.WriteLine(four + ": " + four.ToString("C"));
    Console.WriteLine(five + ": " + five.ToString("C"));
    Console.WriteLine(six + ": " + six.ToString("C"));
    Console.WriteLine(seven + ": " + seven.ToString("C"));
    Console.WriteLine(eight + ": " + eight.ToString("C"));

    Console.ReadLine();
}

When I reflected into .ToString(string format) to see what was going on I found

public string ToString(string format)
{
    return Number.FormatDecimal(this, format, NumberFormatInfo.CurrentInfo);
}

which has the call to

[MethodImpl(MethodImplOptions.InternalCall)]
public static extern string FormatDecimal(
    decimal value, 
    string format, 
    NumberFormatInfo info);

Is there some logic in that call that says the granularity for my current culture settings for NumberFormatInfo is two decimal places for currencty so don't let the ten thousandths place roll the number up because it is insignificant?

How is this method implemented? Are we into bit shift land, or is something else going on?

Thanks for any insights.

Answer 1

Following basic mathematical principles, cases 4, 5, 6, and 7 should not round up to a penny. You don't round by starting at the right-most number and rounding up. You only look one digit to the right of the number you want to round to.

http://www.enchantedlearning.com/math/rounding/

the computer is just performing basic math, as they are supposed to.

Edit - added

a better link: http://math.about.com/od/arithmetic/a/Rounding.htm