No because one and a half thousands is 1500
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one and a half million 100,000 x 15 = 1,500,000
500,000 = half a million
500,000 dollars, if a million is 1,000,000 then half is 500,000
One billion. One thousand thousands is a million, one million thousands is a billion, one billion thousands is a trillion, and so on.
0.0015 to %:= 0.0015 x 100%= 0.15%