The answer is correct for a single-precision float
Tier 2 would be closer, but still not exactly -287.61. Neither will ever give you the exact value
There is enough accuracy in single-precision to round it to 2 decimal places and always get the correct answer.
You can perform any calculations by multiplying first by 100 and rounding -
round(value# * 100)
You can display accurately using
str(value#,2)- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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