A cent is 1/100 of a dollar or $0.01. A cent can be divided in to ten mils or $0.001 or 1/1000 of a dollar. The only place a mil is usually seen is in gasoline prices...when you see gas at $ 2.75.9 per gallon it is 2 dollars, 75 cents and 9 mils per gallon. At that price ten gallons would be $27.59, you have to buy ten gallons to see the penny you saved if the price had been $2.76 per gallon. It's an advertising ploy, they think you believe that gallon if gas is $2.75 a gallon when in reality it's $2.76 a gallon.
One cent without decimals can be expressed as 1/100
$0.01
840.01
0.005
25% = 0.25.
money uses decimals
To write one half cent with decimals, you would express it as $0.005. This is because one cent is equal to $0.01, and half of a cent would be half of that amount, which is $0.005. In decimal form, this would be written as $0.005.
840.01
Yes, 1 Euro is divided into 100 cent, thus decimals are used.
money.
1/4 of a cent 1/400 of a dollar
while calculating on a calculator !