Answer: $1.50
Step-by-step explanation: To find 5% of $30, first write 5% as a decimal by moving the decimal point 2 places to the left to get .05. Next, "of $30" means times 30 so we multiply .05 times 30 which gives us 1.5.
Finally, remember that we want to write our answer in terms of dollars so 1.5 dollars is the same thing as $1.50.
So 5% of $30 is $1.50.
