$150.2M what does this mean?

I was never taught this... How much money is 150.2M and how much money is 23.89M?
I dont understand why there are decimals..??

Anonymous2014-08-27T18:50:16Z

Favorite Answer

Simple! a decimal means percentage of a million so for 1 150,200,000. The decimal like this 1.1m means there is 1,100,000. With 2 numbers behind decimal means 23.89m is 23,890,000. Hope this helps!

Jared2014-08-27T18:52:14Z

150,200,000 dollars and 23,890,000
The decimals just show that there are hundred thousands within the millions