In this word problem, think of "is" as an equal sign and "of" as a multiplication sign. "What" would be the variable.
Therefore, the problem translated into math is:
A = 0.035 x 150000, where 0.035 is the same as 3.5%.
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To find 35 percent of a number, multiply the number by 0.35. In this instance, 0.35 x 150000 = 52500. Therefore, 35 percent of 150000 is equal to 52500.