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| Topic | Found Out the Other Day |
| Sahuagin 09/08/19 1:38:39 AM #35: | adjl posted... Not really. With $X.99 prices, you're being rounded up if you buy one or two items, and down if you buy three or four. The absolute most you'll ever miss out on is two cents per cash transaction, and that's roughly balanced out by all the times you make an extra two cents. Using the magic of Excel, I just took a look at my debit/credit statements up to the end of July (I haven't done August yet) and rounded all of those numbers to the nearest $0.05, and apparently I would have lost 28 cents if I'd used cash for every single one of those transactions (which is unrealistic, especially where some of them were online bill payments). I'm okay with missing an absolute maximum of 28 cents in seven months. That's not particularly significant on that scale. note also that this effect is still occurring with pennies. some transactions technically have partial pennies that are rounded up or down to the nearest penny. only difference is that before the maximum gain/loss from rounding was like $0.005, and now it's $0.02. --- ... Copied to Clipboard! |
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