* In those countries that use the long scale (based on powers of a million), like Europe:
1/2 billion ÷ 5000 = 0.5 x (10^6)^2 ÷ (5 x 10^3) = 0.1 x 10^9 = 100 x 10^6 = 100,000,000 = 100 million
* In those countries that use the short scale (based on powers of a thousand plus one), like USA:
1/2 billion ÷ 5000 = 0.5 x (10^3)^(2+1) ÷ (5 x 10^3) = 0.1 x 10^6 = 100 x 10^3 = 100,000 = 100 thousand
2% of 1 billion divided by 5000 = 20000000 divided by 5000 = 4000.
0.1
0.0032
One half billion divided by 16 is 31,250.
1
2% of 1 billion divided by 5000 = 20000000 divided by 5000 = 4000.
0.0128
0.1
0.0004
0.0032
0
One half billion divided by 16 is 31,250.
5
0.001
1
31,250
0