"Edwin Pawlowski" > wrote in
om:

>
> "Andy" <q> wrote in message
>> I use it and contribute to it all time.
>>
>> Anybody else familiar with this practice?
>>
>> Andy
>
> I've used it also. I think we'd be better off if everything was just
> rounded to the nearest 5¢ and did away with pennies. I like Euros for
> that reason, especially the E1 and E2 coins.
>
>

We did away with one and two cent coins some years ago. The stores still
charge prices like $1.49, $3.99, $2.48 etc. When you get to the register
at the supermarket they round up or down if you are paying cash - if the
total ends in 1 or 2 cents they round down to the 0, if it ends in 3 or 4
they round to the next 5, if it ends in 6 or 7 they round down to the 5,
if it ends in 8 or 9 they round to the next 0. For example, $20.58 you
pay $20.60. $20.52 you pay $20.50, $20.53 you pay $20.55.

If you're paying by EFTPOS you are charged to the exact cent.

--
Rhonda Anderson
Cranebrook, NSW, Australia