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it is 11.50 because half of 23 is 11 and the extra dollar you split it in to half witch is 50 cents
5 zeros for the dollars, 2 for the cents
It is 9 dollars and 13 cents. (Strictly speaking 12.5 cents, but you cannot have half a cent.)
The answer depends on what currency the 118.57 is in.
50% is a half of 27 dollars, which is $13.50 (thirteen dollars and fifty cents).