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COMMENTS:
Voted : Yes, do away with the penny, nickel, & dime.
OF course, the question then becomes, do you want everything rounded to the nearest 10 cents? You know that means everything will be rounded up.

Of course, if you did that, then instead of paying, fo example, $1.81, we would pay $1.9 instead (notice the missing penny, we wouldn't need to write it if the penny and nickel were gone).