Is 0.02 equal to two cents?

Answer 1

Not generally. 0.02 is equal to 2 hundredths of whatever is a whole unit. So:

• in terms of metres it is 2 centimetres,
  
• in terms of an hour, it is 72 seconds,
  
• in terms of the pound Sterling, it is 2 pence, and
  
• in terms of a Euro, it is 2 cents.
  

Answer 2

Yes.