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2.5% = .025 (in decimal form)

0.025 x 45,000 = 1125

Another way to think about it is in fractions:

25% = 1/4

so 2.5% must be 1/40

(45000 / 40) = (4500 / 4) = (2250 / 2) = 1125

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13y ago

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