| Let's do some math .. Rounding examples of 10 random hypothetical purchases: | ||||||
| Case | Tag Price |
Sales Tax % |
Raw Total Incl. Tax |
Rounded to Penny |
Rounded to Nickel |
Rounded to Dime |
| Purchase #1 | $57.54 | 3.558% | $59.5873 | $59.59 | $59.60 | $59.60 |
| Purchase #2 | $176.74 | 10.761% | $195.759 | $195.76 | $195.75 | $195.80 |
| Purchase #3 | $124.56 | 5.688% | $131.645 | $131.65 | $131.65 | $131.60 |
| Purchase #4 | $121.49 | 13.708% | $138.1438 | $138.14 | $138.15 | $138.10 |
| Purchase #5 | $84.31 | 13.522% | $95.7104 | $95.71 | $95.70 | $95.70 |
| Purchase #6 | $189.96 | 11.468% | $211.7446 | $211.74 | $211.75 | $211.70 |
| Purchase #7 | $188.86 | 13.449% | $214.2598 | $214.26 | $214.25 | $214.30 |
| Purchase #8 | $235.65 | 11.110% | $261.8307 | $261.83 | $261.85 | $261.80 |
| Purchase #9 | $60.97 | 12.321% | $68.4821 | $68.48 | $68.50 | $68.50 |
| Purchase #10 | $22.53 | 9.493% | $24.6688 | $24.67 | $24.65 | $24.70 |
| 10 purchase totals = | $1,262.61 | $1,401.83 | $1,401.85 | $1,401.80 | ||
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?