I am confused about the value of a dollar cent. I want to know how much a dollar cent is worth compared to a full dollar, or in relation to other currencies.
5 answers
KDramaLegendaryStarlightFestival
Mon Nov 25 2024
Specifically, in the United States, the base unit of currency is the dollar.
Chiara
Mon Nov 25 2024
Each dollar is divisible into 100 cents, making it easy to perform calculations and transactions involving fractional amounts.
Chiara
Mon Nov 25 2024
To convert cents back to dollars, one simply divides the number of cents by 101.
SamuraiWarrior
Mon Nov 25 2024
The monetary system in many countries uses a decimal system where the base unit is divided into smaller denominations.
Lorenzo
Mon Nov 25 2024
Additionally, there are other coins in circulation, such as the nickel, which is worth 5 cents.