I'm no smarter than a 5yr old when it comes to maths (hence I'm here asking for help) so if you could keep that in mind when explaining the answer to me please :-)
So as the title suggests, I have a value: 0.5 million and I want to be able to represent it in thousands (so 500 thousand).
How do I do this (i.e. what's the formula)?
$x_{thousand}=millions \ * 1000 $ so if u get 0.7 millions u will get $x_{thousand}=0.7 * 1000 = 700 $
There are thousand $1000$s per $1$ million. Hence $$ \begin{aligned} \require{cancel}0.5\text{ million} &= 0.5\text{ million }\times\frac{1000\text{ thousand}}{1\text{ million}}\\ &= 0.5\cancel{\text{ million }}\times\frac{1000\text{ thousand}}{\cancel{1\text{ million}}}\\ &=0.5\times1000\text{ thousand}\\ &= 500\text{ thousand}. \end{aligned} $$
In general $$N \text{ million} = 1000\times N\text{ thousand.}$$
