No, 1,000 million is equal to 1 billion.
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1 percent of 1 billion is equal to 1/100 of 1 billion, which is 10 million. This can be calculated by multiplying 1 billion by 0.01. Therefore, 1 percent of 1 billion is 10 million.
A Billion Pennies Would Equal 10 Million Dollars.
No.Depending upon where you are:1 billion = 1 million million = 1,000,000 million (using the long scale); or1 billion = 1 thousand million = 1,000 million (using the short scale).
a billion is more than a million. One thousand millions go into a billion. So, .001 Billions are equal to 1 million.
One billion is a million thousands which is 10 lakh thousands.