Ruby on Rails

OK, but if they are the same there would be no need for 2 different
types under PostgreSQL database. According to the post link provided,
decimal is more flexible allowing to store less decimal as opposed to
numeric which requires all decimal places to be filled in. This means
that using decimal I could stored the numbers 12345.12345 as well as
12345.12. In the other hand, numeric would only accept 12345.12345 or
12345.12000 if I understood it right.

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