# Chapter 1 - Review: 57

$\$1,050$#### Work Step by Step Note that$\dfrac{3}{4} = 0.75$. Thus,$8\dfrac{3}{4}\% = 8.75\%$To convert the given percent to decimal, remove the percent symbol then move the decimal point two places to the left to obtain:$8.75\% = 0.0875$To find$8.75\%$of$\$12,000$, multiply $\$12,000$and$0.0875\$ to obtain:

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