Expert: Chanda Walker - 3/20/2009

Question
Hello:

I read the following in an old business mathematics textbook:
"Express 13 mills as a decimal part of $1.00."

I can determine the answer as follows: There are 1000 mills in or per $1.00. 13 mills divided by 1000 mills/$1.00 equals $0.013, the answer.

How can I express 13 mills as a decimal part of an amount other than $1.00? For example, express 13 mills as a decimal part of $1.50, and express 13 mills as a decimal part of $0.50?

I thank you for your reply and answers.


Answer
1000 mills = $1

so 1 mill = $1/1000 = $.001

13 mill = 13* $0.001 = $.013

I think they just don't want you to leave it as a fraction.

They could have said express 13 mills as the fractional part of a dollar but instead they said express it as a decimal part of a dollar.

Your answer is correct.

Let me know if I can help further.

BTW, I'm out of town and will not be able to respond as quickly I normally try to.  Sorry.  I'll be back in gear on Monday.