1,500,000 (one million, five hundred thousand).
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No, 250,000 is 1/4 of a million dollars. One half is $500,000
1 billion = 1,000 million 1/2 billion = 500 million
1% is 70 million 1/2% is 35 million
1 million = 1,000,000 .5 milion (half of a million) = 500,000 So .6 million is written as 600,000.
They are the same, 500,000, 500k, or half ofa million.