A cent is one hundredth of a dollar (in fact, the word "cent" is from a Latin word meaning "hundred"). So no, one tenth of a penny is not one hundredth of a dollar. (It is actually one thousandth of a dollar.)
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six pennies, a nickel and a penny, six cents, one one-hundredth of a dollar, one tenth of a penny, one quarter of a quarter.
Well think about this, would you rather have one tenth of a dollar or one one hundredth of a dollar? In other words YES
One tenth =1/10=0.1 One hundredth=1/100=0.01 Sum =0.1+0.01=0.11
0.1 is one tenth. 0.01 is one one hundredth. Think of 0.1 as a dime, and 0.01 as a penny.
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