| Let's do some math .. Rounding examples of 9 random hypothetical purchases: | ||||||
| Case | Tag Price |
Sales Tax % |
Raw Total Incl. Tax |
Rounded to Penny |
Rounded to Nickel |
Rounded to Dime |
| Purchase #1 | $119.58 | 11.209% | $132.9837 | $132.98 | $133.00 | $133.00 |
| Purchase #2 | $226.32 | 6.692% | $241.4653 | $241.47 | $241.45 | $241.50 |
| Purchase #3 | $243.92 | 4.442% | $254.7549 | $254.75 | $254.75 | $254.80 |
| Purchase #4 | $225.72 | 3.486% | $233.5886 | $233.59 | $233.60 | $233.60 |
| Purchase #5 | $118.62 | 13.436% | $134.5578 | $134.56 | $134.55 | $134.60 |
| Purchase #6 | $156.67 | 3.535% | $162.2083 | $162.21 | $162.20 | $162.20 |
| Purchase #7 | $33.68 | 3.491% | $34.8558 | $34.86 | $34.85 | $34.90 |
| Purchase #8 | $219.35 | 3.766% | $227.6107 | $227.61 | $227.60 | $227.60 |
| Purchase #9 | $19.62 | 12.164% | $22.0066 | $22.01 | $22.00 | $22.00 |
| 9 purchase totals = | $1,363.48 | $1,444.04 | $1,444.00 | $1,444.20 | ||
Come on folks.. this just does not make any cents. We got rid
of the 1/2 cent back in 1857.. Getting rid of the 1 cent coin is way, WAY past due.
The penny has become a social and cultural
anachronism.
If our friends in Canada, Australia and a dozen other countries can stop the use of their
pennies, why can't we?