What is the difference between 0.002 dollars and 0.002 cents?

Answer 1

$2.00 2 dollars, or two-hundred cents. $0.02 Point zero-two dollars, or two cents. $0.002 (0.002 dollars) Point zero-zero-two dollars. This has a value of 1/5 of a penny. ---------- 2.00¢ (=0.02 dollars) Two cents (with a redundant .00 for demonstration purposes). 0.2¢ (=0.002 dollars) Point-two cents, so 5 of these would make up one whole cent. 0.02¢ (=0.0002 dollars) Point-zero-two cents, so 50 of these would make up one whole cent. 0.002¢ (=0.00002 dollars) Point-zero-zero-two cents, so 500 of these would be required to make up one single cent.