How much is .0005 of one dollar?

Answer 1

$0.05 is 5 cents

$0.005 is 0.5 cents

$0.0005 is 0.05 cents

so twenty of them makes $0.01

so $0.0005 is a twentieth of one cent

Answer 2

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.