What is 5% more than $2,000= ——— of $2,000 or ——— × $2,000?please give me an example

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5% more than 2,000:

1.05 * 2,000 = 2,100

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To find 5% more than $2,000, you need to calculate what 5% of $2,000 is, and then add that amount to $2,000.

Step 1: Calculate 5% of $2,000
To find 5% of any number, you can multiply the number by 0.05.
So, 5% of $2,000 = 0.05 × $2,000 = $100.

Step 2: Add $100 to $2,000
To find 5% more than $2,000, you add $100 to $2,000.
So, 5% more than $2,000 = $2,000 + $100 = $2,100.

Therefore, 5% more than $2,000 is $2,100.

Another way to express 5% more than $2,000 is to say that it is 105% of $2,000. This can be calculated by multiplying $2,000 by 1.05.

$2,000 × 1.05 = $2,100.

Both methods lead to the same answer of $2,100.