A tank holds 500 gallons of water
That's correct! A tank that holds 500 gallons of water can store quite a large amount of liquid.
Step 1: Identify the capacity of the tank.
The given information states that the tank holds 500 gallons of water.
Step 2: Determine the units of measurement.
The unit of measurement mentioned is gallons.
Now that we know the capacity of the tank is 500 gallons, we can proceed to the next step if you have any further questions.