There are 100 million pennies in $1 million. Since there are 100 pennies in each dollar, multiplying 100 pennies per dollar times $1 million yields 100 million pennies.
Continue ReadingStacked together, 100 million pennies stretch for over 94 miles, and they weigh over 275 tons. Since 20 nickels make up $1, there are 20 million nickels in $1 million. One dollar has 10 dimes, so there are 10 million dimes in $1 million, and since four quarters make up $1, four million quarters equal $1 million. Finally, $1 is equal to two half-dollars, so two million half-dollars are the equivalent of $1 million.
Learn more about Financial CalculationsCost of living calculators ask for information about a person's income and present location, and then calculates the necessary income needed to maintain the same standard of living in another location, according to Bankrate.com and CNN Money. These calculators compare the costs of housing and associated costs, health care and living expenses, such as groceries, in different markets to determine how much money a person needs in one location compared to another location.
Full Answer >Three-year average monthly returns of the Standard and Poor's 500 Index can be found at YCharts. The index's three-year return for May 2015 was 60.83 percent, compared to 49.19 percent for April 2015 and 43 percent for May 2014, according to the site.
Full Answer >A basis point is 1/100 of a percentage point, which means that multiplying the percentage by 100 will give the number of basis points, according to Duke University. Because a percentage point is already a number out of 100, a basis point is the part per 10,000, which is 100 multiplied by 100.
Full Answer >A basis point is simply calculated as one-hundredth of a percentage point, or 0.01 percent, explains Investopedia. For example, if an interest rate rises by 0.2 percent, it rises by 20 basis points since a percentage point consists of 100 basis points.
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