What is \( 34.5 \% \) of \( \$ 67.84 \) ? Round your answer to the nearest cent.

To find \( 34.5\% \) of \( \$ 67.84 \), you can convert the percentage to a decimal and then multiply it by the amount. So, \( 34.5\% \) as a decimal is \( 0.345 \). Now, calculate \( 0.345 \times 67.84 \). That gives you \( 23.4078 \). Rounding this to the nearest cent results in \( \$ 23.41 \). For an added fun fact, percentages are everywhere—whether calculating discounts during sales or figuring out tip amounts at restaurants! Understanding percentages helps you make smarter financial decisions in everyday life. Additionally, knowing how to quickly calculate percentages can save you time! A common mistake is misplacing the decimal point when converting. Always double-check your work and remember to round correctly to maintain accuracy!