320,000 dollars.
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160000
It is $240,000.
It is: 0.08*5,000,000 = 400,000 dollars
$8,000,000 x 35 % = $8,000,000 x 35/100 = $2,800,000
Well, honey, 8 percent of 5 million is 400,000. So, if you got 5 million dollars burning a hole in your pocket, you can kiss 400,000 of those dollars goodbye. But hey, at least you still got plenty left to live your best life.