Simple Question About "fixed" formatting

[mixelplik]

I was working on a praxctice program and wanted some numbers fixed dollar amounts to 2 decimal places while others to be displayed as plain old ints. I used this code, but noticed that now ALL numbers are set as fixed 2 place decimals. Is this how fixed and setprecisioun are supposed to work, or is it only supposed to effect the line of code they are associated with:

    cout << endl << endl << endl;
    cout << "Loan Amount $" << fixed << setprecision(2) << loan << endl;
    cout << "Monthly Interest Rate: " << rate << "%" << endl;
    cout << "Number of Payments: " << payments << endl;
    cout << "Monthly Payment $" << setprecision(2) << payment << endl;
    cout << "Amount Paid Bacl $" << setprecision(2) << endl;

This code gives me something like:
$10000.00
%12.00 (I expected %12)
36.00 (once again expecting 36)
blah blah blah

you get the point, I don't think I'm understaning how these formatting commands work, the books don't seem to say anything on their scope.

[ddanbe]

setprecision just does what it says. It sets the precision to 2 figures after the decimal point and it will stay that way.

[Ancient Dragon]

setprecision() is in effect until you call the funcion to change the value for floats and doubles. Assuming rate is either float or double, on line 3 call setprecision(0) to not display any decimals. Then on line 4 you have to call setprecision(2) again.

[mixelplik]

Thanks guys! I was wondering, I thought so, this makes it clear!