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Originally posted by InTheSlot+Jan 20 2005, 12:45 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (InTheSlot @ Jan 20 2005, 12:45 PM)</td></tr><tr><td id='QUOTE'>
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Originally posted by nfotiu@Jan 20 2005, 09:40 AM
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Originally posted by InTheSlot@Jan 20 2005, 04:31 PM
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@Jan 20 2005, 07:33 AM
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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.
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Yeah, I know nickels still gonna be produced, but I think you're kinda naive to expect that the government will cut you a break or do you a favor and round down. But yeah, I agree rounding down is, and should be the best way to go about it. (In that situation I presented)
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Umm, when did the American government start setting prices for goods?
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They don't, but if pennies are taken out of circulation and are no longer made then you can bet the government will come in and dictate whether prices are in fact rounded up or down.
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Why would the government care? And what benefit does the government get from doing that anyway. Okay great, shops now get up to 4 cents more per perchase. Benefit for the government = Nothing. Unless you really think the government is going to care about the infentesimal ammount of extra taxable income that a store makes.
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