The mill or mille (sometimes mil in the UK or when discussing property taxes in the United States) is a now-abstract unit of currency used sometimes in accounting. In the United States, it is a notional unit equivalent to 1⁄1000 of a United States dollar (a tenth of a cent).
Wiki User
∙ 7y agoWiki User
∙ 7y agoYou answered your own question. Being that one cent, or possible a 1/2 cent is the smallest monetary denomination, there is no special term for any smaller fraction.
Wiki User
∙ 7y agoA thousandth.
One tenth of a dime is one cent.
One tenth of a dollar is ten cents. One tenth of a dime is one cent.
0.1%
One tenth = 1/10 = 10/100 = 10 per cent.
That's called a "millage tax" or simply a "millage", because one thousandth is one mil .
the answeris one.1/100 = 0.01
0.1 cent.
0.1 cent.
When talking about money one cent is two decimal places. $0.01 (one cent) one tenth of a cent is to three decimal places $0.001 (one tenth of a cent) So if you are rounding to the nearest tenth of a cent round to the third decimal place. Round up if the fourth decimal place is 5 or higher and round down if it is 4 or lower.
10% is.
That is called a "mill". It is used, among other things, for calculating property taxes and the like.
a mille is 1 tenth of a cent so there are 10 mille in 1 cent
The dime, or ten-cent piece, represents one-tenth of one dollar.
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.)
There are 1000 mils in one dollar. A mil is a tenth of a cent.
mill
Mill