Question 111665
Not exactly, but very close.

Instead of multiplying $18,500 by 10.5, we would multiply it by 0.105.

We must move the decimal point up by two digets when dealing with percentages.

(Remember, 100% of something means 1.  We have to move the decimal up two points before we can start multiplying it by real values or quantities. ** 100% of a whole pizza pie is 1 whole pizza.)

So, now we may multiply $18,500 by 0.105 and then add the answer to $18,500.

Our answer is $20,442.5