Whats an American Penny?

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agua

agua

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Jun 24, 2006
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OK - I was looking at buying this pool from the USA - but it said on the brochure that it would cost a penny a minute to run... WTF - I thought America didn't have pennies?

Whats an American Penny, are they still in use and what are they worth in $$$?
 


huh? u for real? $0.01

how else do you make change for something like $6.04? give them $.05 and call it even? lol maybe the brochure meant it is really cheap to maintain and run.
 
nm... so $0.01 is a penny, but $0.05 is five cents or am I wrong again?
 
You see - thats where I got confused :)

Thanks for clearing that up.
how else do you make change for something like $6.04? give them $.05 and call it even?
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Thats how its done here in Aus... although I still to this day don't know why they just don't price things in units of 5 cents
 
agua said:
You see - thats where I got confused :)

Thanks for clearing that up.
Thats how its done here in Aus... although I still to this day don't know why they just don't price things in units of 5 cents
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WAAahhhh?!?!? *head explodes* I think i need to check that out myself.
 
LOL @ Agua. We Americans have to pay sales tax on most things and so the total is usually some odd number since the tax rate is something like 5.75% or 8.35% (varies by state and locality)

To further elaborate, if something costs $1.00 we end up paying $1.08 or whatever and so we need pennies.

But we're all very sophisticated here and most of us have gone cashless, using our debit cards and/or scanning the money microchips which are implanted in our brains.

This concludes today's math lesson :)
 
Australians are lazy man, we just go into a store and instead of paying $9.99 for an item we just pay straight $10'er in cash, or $9.99 in credit card / atm card.
 
$0.01 Penny
$0.05 Nickel
$0.10 Dime
$0.25 Quater

That is the bulk of our change here in America, there are a few other strange coins but no one really uses them.
 
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