LogFAQs > #914039321

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Topic	C/D: Pennies are essentially worthless
Rikiaz 12/13/18 1:01:52 AM #20:	Hulkasaurusrex posted... Rikiaz posted... NES4EVER posted... Rikiaz posted... A penny has basically no value. Pennies can add up. Also there has to be something to represent the lowest amount of currency (being $0.01for USD) otherwise what would you do if someone spent $9.53 and paid with $10.00? In Canada and other places they round down if .02 and up if .03. so if it were 9.53 the cashier would give you 0.45 change. Then either the person or the place giving change are losing money. It'd be better to just give pennies back. Only when you pay with cash, debit/credit still use pennies. Well pennies don't exist when you are using electronic payment so we are only talking about using cash here. --- From the depths, the thing they called Worm King did rise. Nirn itself did scream in the Mages' and Necromancers' war. <cite>Rikiaz posted [p:914039321] in C/D: Penni... [t:77297329]...</cite> <quote><cite>Hulkasaurusrex posted...</cite> <quote><cite>Rikiaz posted...</cite> <quote><cite>NES4EVER posted...</cite> <quote><cite>Rikiaz posted...</cite> <quote>A penny has basically no value. Pennies can add up. Also there has to be something to represent the lowest amount of currency (being $0.01for USD) otherwise what would you do if someone spent $9.53 and paid with $10.00?</quote> In Canada and other places they round down if .02 and up if .03. so if it were 9.53 the cashier would give you 0.45 change.</quote> Then either the person or the place giving change are losing money. It'd be better to just give pennies back.</quote> Only when you pay with cash, debit/credit still use pennies.</quote> Well pennies don't exist when you are using electronic payment so we are only talking about using cash here. --- From the depths, the thing they called Worm King did rise. Nirn itself did scream in the Mages' and Necromancers' war.</quote> ... Copied to Clipboard!
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