Re:0.30000000000000004
by nitwit005 on Monday December 02, 2019 @04:45PM
(#21687346)
No it can't. There are systems that track things worth less than a penny for later billing, but at the end of the month when they bill someone, they do some sort of rounding.
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If you are earning interest at a bank, and you've earned a fraction of a penny, they will eventually pay it to you once you've earned enough for a whole penny.
i.e. they track your account balance to more than 2 digits, they just only show you 2 digits.
Someone should tell that to everyone who ever used a ½¢ coin in the US. Also, US law explicitly states (31 USC §5101) that the unit of 1/1000th of a dollar is a mill.
>Someone should tell that to everyone who ever used a ½¢ coin in the US.
All 10 of them?
I’ve got some at home, but admittedly I’d never use one as currency. I also have US ½¢ paper notes too.
Go to a bank and ask for a half penny or a thousandth of a dollar. Let me know how it goes.
Go to a bank and ask for a $500 or $1000 note too. They won’t give you one as they aren’t in circulation anymore, but most (all?) will let you deposit it for face value.
Because, unlike a thousandth of a dollar, those are valid amounts for real transactions.
It goes without saying that half pennies are dead. A mill seems to be from the Coinage Act of 1792, which is perhaps a tad outdated.
Take two half penny coins or notes to the bank and they’ll credit your account a penny. Of course, just like with the $500 or $1000 notes, you’ll be losing money on the deal.
> A mill ... is perhaps a tad outdated.
Yet you use mills every time you pay for gas. Pointless in that case? Probably. Still used all the time? Certainly.