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<p>[QUOTE="satootoko, post: 158814, member: 669"]That my friends is the key.</p><p><br /></p><p>The lowest valued coin available sets the rounding point. When we had 1/2¢ coins, we could round to 5 mils. Now we round to 10 mils, and if we eliminate the cent we would round to 50 mills, etc.</p><p><br /></p><p>You can make every combination from 1-99¢ with <ul> <li>only the cent, or</li> <li>the cent and the nickle, or</li> <li> the cent, nickle and dime, or</li> <li>the cent, nickle, dime and quarter, or</li> <li>the cent, nickle, dime, quarter and half.</li> </ul><p>Stopping at the quarter is the most efficient combination, balancing bulk, weight, and convenience of counting. </p><p><br /></p><p>If it wasn't the cause, at least the bulk and weight of the half enabled the group decision to abandon it on the rubbish heap of history.[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 158814, member: 669"]That my friends is the key. The lowest valued coin available sets the rounding point. When we had 1/2¢ coins, we could round to 5 mils. Now we round to 10 mils, and if we eliminate the cent we would round to 50 mills, etc. You can make every combination from 1-99¢ with[list]only the cent, or[*]the cent and the nickle, or[*] the cent, nickle and dime, or[*]the cent, nickle, dime and quarter, or[*]the cent, nickle, dime, quarter and half.[/list]Stopping at the quarter is the most efficient combination, balancing bulk, weight, and convenience of counting. If it wasn't the cause, at least the bulk and weight of the half enabled the group decision to abandon it on the rubbish heap of history.[/QUOTE]
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