A developer is writing a script to calculate a bank account balance within two decimal places. Which of the following data types should the developer select to store the balance?

Question

Options

• ABoolean
• BInteger
• CFloat
• DChar

• A
  3% (1)
• B
  3% (1)
• C
  93% (28)

Explanation

A float (floating-point number) stores numeric values with a fractional/decimal component, making it appropriate for representing currency values like $1,234.56. Boolean (A) stores only true/false values. Integer (B) stores whole numbers only - it cannot represent cents or fractional amounts. Char (D) stores a single character. Since a bank balance requires precision to two decimal places, float is the correct choice. (Note: In production financial applications, a fixed-point or decimal type is often preferred to avoid floating-point rounding errors, but float is the correct answer among the given options.)

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