5 ms·
The US dollar was designed to be subdivided into cents (hundreds) and mills (thousands). https://en.wikipedia.org/wiki/Mill_(currency)#Usage https://en.wikiped
by gerikson 6y ago
The US dollar was designed to be subdivided into cents (hundreds) and mills (thousands).
https://en.wikipedia.org/wiki/Mill_(currency)#Usage https://en.wikipedia.org/wiki/Mill_(currency)#Usage
- cwhiz 6y agoPractical reality in 2020 is different than whatever the intended design was. There is no possible way to pay with a fraction of a penny.
- mark-r 6y ago"Practical reality" hasn't changed. There never was a way to pay anything with a fraction of a penny, even when cards made it theoretically possible. The final price just gets adjusted to a whole penny amount.
- tedunangst 6y agoThe US has minted half cent coins in the past.
- thaumasiotes 6y agoA half cent coin doesn't provide a way to pay in increments of 0.1 cents.
- mark-r 6y agoI stand corrected then. I'm pretty sure that was well before I was born, though.