There's no difference between numeric and decimal. They are differenet names for the same data type. The money data type has fixed 4 digits after decimal point.

>What is the difference between numeric and decimal?
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>I have an application that will store numbers with up to 5 decimal places.
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>What should I use?
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>What about type money, how does that compare to numeric & decimal. Can money carry more than 2 digits?