Hello, I'm a finance expert with a strong background in mathematics. I can help you with conversions and calculations related to currency.
A single penny is the smallest denomination of currency in many countries, including the United States and the United Kingdom. To find out how much a million pennies are worth, we simply multiply the number of pennies by the value of a single penny.
In English, the calculation would be:
1 penny = $0.01 (or 1p in the UK)
1,000,000 pennies = 1,000,000 * $0.01
Now, let's do the math:
1,000,000 * $0.01 = $10,000
So, a million pennies equates to ten thousand dollars.
read more >>