This link does a good job of explaining what you are looking for. Here is what is says:
All these three Types, can be specified by the following Parameters (size, d). Where size is the total size of the String, and d represents precision. E.g To store a Number like 1234.567, you will set the Datatype to DOUBLE(7, 3) where 7 is the total number of digits and 3 is the number of digits to follow the decimal point.
FLOAT and DOUBLE, both represent floating point numbers. A FLOAT is for single-precision, while a DOUBLE is for double-precision numbers. A precision from 0 to 23 results in a 4-byte single-precision FLOAT column. A precision from 24 to 53 results in an 8-byte double-precision DOUBLE column. FLOAT is accurate to approximately 7 decimal places, and DOUBLE upto 14.
Decimal’s declaration and functioning is similar to Double. But there is one big difference between floating point values and decimal (numeric) values. We use DECIMAL data type to store exact numeric values, where we do not want precision but exact and accurate values. A Decimal type can store a Maximum of 65 Digits, with 30 digits after decimal point.
So, for the most accurate and precise value, Decimal would be the best option.