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So if something was 14.96 it becomes 15.00.
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No...it would become 14.95. You round up, and round down. .96 and .97 become .95. Just as .98 and .99 become .00.
Nickels are still going to be produced.
Its an idea whose time to happen is long overdue. Nevermind the conveniance factor, the cost factor...just eliminating the making of pennies will help control pollution as a side benefit. (Article i read a couple years ago..will look)