No. Money is based off of a hundredth's scale. 1 penny is .01 (1 hundredth of a dollar). So 5 cents is represented as .05 hundredths.
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To calculate .0005 of one dollar, you would multiply .0005 by 1. This equals 0.0005 dollars, which is equivalent to 5/10,000 of a dollar. In decimal form, this is $0.00005.
0005 = 5
It is 5 and half cents.
.005 percent = .05/100 = .0005
2 quarters = 50 cents 2 dimes = 20 cents 5 pennies = 5 cents Total = 75 cents