



 
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 onehundredths of a cent. Penny 



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