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<p>[QUOTE=&quot;gxseries, post: 289128, member: 4373&quot;]Appearently either people refuse to admit that they are bad in rounding figures and do require more practise in mathematics or just being ignorant with the fact that they wish to waste more money. </p><p><br /></p><p>Australia and New Zealand removed the 1 and 2 cents back in 1989 or so and I don&#039;t find it an issue. Unlike what most people exaggerate about how much loss there can possibly be during rounding, don&#039;t be mistaken - <b>the rounding is done <u>at the very very end</u> of the gas / grocery, etc bill</b>. Unlike what most people believe, it does not affect electronic transfer so you can pay by exact cents by card if you like. You can still buy a liter milk at 1.99 at grocery store and that is not rounded until your total comes out to be so. Things are still priced as in cents so if you bulk buy, it&#039;s the very last bill that is rounded off. </p><p><br /></p><p>I.e if you buy 1000 bottles of milk, they aren&#039;t rounded up (i.e. to 2 dollars) and the total comes out to be 2000. No, the total is just $1990.&nbsp; If you just wish to buy 1, then it&#039;s 2 dollars.</p><p><br /></p><p>Here are examples of rounding off:</p><p><br /></p><p>0.40 -&gt; 0.40</p><p>0.41 -&gt; 0.40</p><p>0.42 -&gt; 0.40</p><p>0.43 -&gt; 0.45</p><p>0.44 -&gt; 0.45</p><p>0.45 -&gt; 0.45</p><p>0.46 -&gt; 0.45</p><p>0.47 -&gt; 0.45</p><p>0.48 -&gt; 0.50</p><p>0.49 -&gt; 0.50</p><p><br /></p><p>and you get the idea. </p><p><br /></p><p>Tell me, if you dare to say that you are making 2 cents loss when you make purchases that end with a 8, how many transactions do you have to make in order to gain even a dollar? 50 transactions? Ok, do you even make that much grocery transactions in a month? Chances are, you are more likely to lose dollars when prices of goods jack up or make better deals during discounts. Heck, if you think this is dumb, you can pay by cards or checks and pay exact cents with no roundings.[/QUOTE]</p><p><br /></p>

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