Not so fast. With the retirement of the penny on Feb 4th things will change. It makes sense to lose the penny since each one costs 1.6 cents to produce. Cash transactions will be either rounded up or down to the nearest 5 cents, but the cent will remain as the base monetary unit. Electronic payments, credit cards and cheques will still reflect it. You just won't be lugging around that extra weight in your pocket. So, you'll need to follow up your question about a penny for your thoughts with, "Do you take credit cards?"
1 comment :
Welcome to Swedish rounding!
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