Final answer:
To find 80% of 3, convert 80% to 0.8 and multiply it by 3, which equals 2.4. There is no correct option provided in the list of answers, indicating a possible mistake in the question.
Step-by-step explanation:
The question asks for the value of 80% proceeds used to expand facilities. To find this value, you need to calculate 80% of 3. The calculation is as follows:
- Convert the percentage to decimal form by dividing 80 by 100, which gives 0.8.
- Multiply this decimal by the number given, which is 3. So, 0.8 multiplied by 3 equals 2.4.
Therefore, the answer is not available among the options provided since 2.4 is the correct calculation outcome and it is not present in the list. There might be a mistake in the given choices.