Answer:
$1925
Explanation:
So your problem is $55,000 x 3.5%
You can rewrite this as:
55,000 x 3.5/100 or 55,000 x 35/1000
Now multiply. I will remove the /1000 for now.
55,000x35=1925000
Now, divide 1925000 by 1000.
1925/1000=$1,925
1.6m questions
2.0m answers