a one cent coin, which is worth one hundredth of one dollar
Chat with our AI personalities
If 23800 represents cents then it divided by one cent would still be 23800 cents or 238 US dollars
One hundredth of a cent is equal to 0.01 cents. In decimal form, this would be written as $0.0001. This value is commonly used in financial calculations and represents a very small fraction of a cent.
One tenth of a dollar is ten cents. One tenth of a dime is one cent.
The figure .008 in money typically represents eight thousandths of a unit of currency. For example, in U.S. dollars, .008 equals 0.8 cents, which is less than one cent. In a broader financial context, it can also represent a small fraction of a larger amount, such as interest rates or percentages.
In terms of currency, a cent is a unit of money that equals 1/100 of a basic unit of money. For example, 0.475441 rounded to the nearest cent would be 0.48.