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 Question from Michael: $\$300$divided by 1,000,000 is 00.0003 ... so, is that three hundredths of one ($\ 00.0003) cent or what ... thanks

Hi Michael,

I would write the $\$300$in cents first so$\$300$ is $30,000$ cents.

$\frac{30,000}{1,000,000} = \frac{3}{100} = 0.03$

and hence $\$300\$ divided by 1,000,000 is 0.03 cents or 3 one-hundredths of a cent.

Penny

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