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500,000 = half a million
500,000 dollars, if a million is 1,000,000 then half is 500,000
two and a half million
One and a half percent of ten million dollars is calculated by multiplying ten million by 0.015. This results in 150,000 dollars. Therefore, one and a half percent of ten million dollars is $150,000.
M = a thousand dollars MM = a million dollars (a thousand thousands)