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by semicolon_storm 2341 days ago
That's not strictly true. Some of the work I do involves software to do premium calculations for insurance. While pennies do matter for intermediate values during calculation, virtually everyone rounds the final premium to a dollar amount or the closest 10 cent increment. Nobody cares about pennies when each transaction is hundreds or thousands of dollars.
1 comments

Rounding at the last step is very different from rounding at each step.