Canadian dollar

Keep or Save the Penny? Chandler mertins Block B Should the penny be kept, or should it be thrown away and never used again? People have argued for years, whether the penny should be kept or not. The penny should be thrown out for many reasons, like cost and it doesn't really matter all that much. First off, the penny costs too much and it isn't worth it. The penny costs too much to make, at 2.41 cents to make(Sommer). Each penny got only is worth 1 cent, so you would be losing 1.41 cents…

Would the world be the same without the pennies? Some people believe we should continue to manufacture them. While others believe that the penny should be eliminated from the American currency. Some argue over its sentimental value, and others argue over the cost it takes to produce the penny. After much consideration and lots of evidence to prove it, We should eliminate the penny because they're bad for the economy in many ways. The first reason is evident; there worthless and take too…

The penny is a coin which is often disregarded by Americans. With the penny only being worth one cent, it is difficult to believe that production of this coin results in $132,000,000 in losses annually. This, however, is a true fact which is negatively impacting the pockets of American citizens. Considering the major loss of producing this cent, it would benefit America to overall discontinue producing this coin. Pennies are only worth one cent, yet, based on research from 2014 Annual Report…

Donating a penny is simple but giving away something more worthy, we tend to get hesitant. People fear that they will lose more money if United States got rid of pennies, steel can be replaced to make pennies instead of copper, and collecting pennies can truly add money quickly. I think that the United States should keep pennies. First, getting rid of pennies will raise the prices on items. "Penny Wise or 2.41 Cents Foolish" says that if a cup of coffee costs $2.01, it should be raised down to…

I have been working at Kum and Go since May 2016. In my 7 months working here I find it strange we throw away so much receipt paper. We ask every customer if they would like their receipt and about 9 out of 10 people say they don't. Now I work at a slower store in Colorado Springs and we probably go through a box of receipt paper every 2 weeks sometimes 3 boxes in a month during the summer. Now if all 422 stores in the country are using the same amount of receipt paper as my store at 3 boxes a…

Five of them make a nickel, ten make a dime, 25 a quarter, and 100 a dollar. Is it practical for society to pay the price of something so small in value that one cent is all that it is worth? Due to the small amount and worth, The cost to make a penny compared to how much it is valued, and the fact that these days, credit and/or debit cards have becoming increasingly popular limiting the use of change and even cash, pennies are an additional burden that the US does not need to be carrying. The…

For example, if the Kellogg Company where to create a new cereal at the cost of one dollar and eighty-nine cents a box, they could not afford to sell that cereal for one dollar and fifty cents a box. They would run themselves out of business very quickly, or they would decide against making that box of cereal and keep making the other boxes that are less cost effective. The…

There are so many pennies in the world, but the question has arised whether or not to eliminate the penny. When you hear the word penny what do you think of? Do you think of a worthless no good coin that just takes up empty space? Or do you think of the penny as valuable and as something that holds value to our American Society? There is many different opinions of the penny today from all around the world. The penny dates back for as long as most people can remember. The penny should be kept…

The U.S. penny has been around for a long time. A version of the penny was the first currency ever issued by the United States over two hundred years ago (A Brief History of the U.S. Cent, n.d., para.1). In the past, it was a very important part of the nation’s financial infrastructure. However, its value in today’s economy is highly debatable. In fact, the penny’s very existence could soon be just a footnote in the history books. Why is the penny on the verge of disappearing? The reason is…

should be eliminated because it costs too much. Each penny costs 2.41 cents to produce (Sommer). It costs double to make something of little value. In 2011 alone the United States lost 60.2 million dollars producing the penny (Sommer). The penny is a waste of money and materials because of the millions of dollars…