What is a Kilodollar?
Whats a kilodollar?? and can someone help me with this question::
If I could deposit one kilodollar into my bank account by how much value would my account increase?
- Anonymous1 decade agoFavorite Answer
the prefix kilo- means 1000. a kilo of anything is 1000 of it. E.g. kilogram, kilometer, kilodollar.
- 1 decade ago
Kilo means thousand and when you say a kilodollar it means 1 thousand dollar. Your bank account increase by 1 thousand dollar when you deposit 1 kilodollar.
But kilo is not used in monetary transactions, it is used in distance (kilometer), weight (kilogram), amount of energy (kilocalories), etc.