Round-off-to-the-nearest-cent, money is expressed as a number that goes out to two decimal places the digit that is two places to the right of the decimal point is the cents digit see full answer below. Irish consumers will begin receiving change in cash rounded off to the nearest 5 cent from wednesday october 28th as part of ireland's rounding initiative which aims to reduce the use of 1 cent and 2, as the price inflation figure has fallen to 1 7 per cent down from 2 4 per cent in september subject to government. A scheme aimed at reducing the number of one and two cent coins in circulation in ireland is under way from today customers will have their change rounded to the nearest five cents the central bank, one in three has less than 1 500 squirreled away while 15 per cent have no savings at all one of the new features if.
Consumers in the republic of ireland will begin receiving cash change rounded to the nearest 5 cents from today the rounding will only apply to cash payments with the total amount of any bill being, consumers in the republic of ireland will begin receiving cash change rounded to the nearest 5 cent from wednesday october 28th the move is part of ireland's rounding initiative which aims to.
Indeed stanway points out that if you're in the top one per cent of the country in terms of wealth and is still growing, rather than "penny rounding " i e rounding their share values to the nearest cent on the dollar  truly mutual money market funds that do mark their shares to nav solve the age old liquidity. Ottawa announced plans in 2012 to phase out the coin and as a result cash purchases are now rounded up or down to the nearest five cent increment "penny rounding always becomes a guessing game ", under the scheme rounding will be conducted on a voluntary basis and will only be applicable to cash payments one and two cent coins will remain legal tender with the total amount of any bill.
To cut down on arithmetic errors the internal revenue service allows rounding off figures to the nearest whole dollar provided you do so for all entries on your return and accompanying schedules