Complete the following statement. \( 22 \% \) of \( \$ 50=\$ \square \) Submit

To find \( 22\% \) of \( \$ 50 \), simply convert the percentage to a decimal and multiply. So, you would do \( 0.22 \times 50 \) which equals \( \$ 11 \). Therefore, \( 22\% \) of \( \$ 50 = \$ 11 \). Fun fact: Percentages are everywhere! They help us understand discounts, tax rates, and even statistics. Next time you score a discount at your favorite store, you'll know exactly how to calculate it! Now, let’s talk about those pesky percentage mistakes! A common error is forgetting to convert the percentage to a decimal before multiplying. Always remember, move the decimal two places to the left and you’re golden! So, \( 22\% \) becomes \( 0.22 \). Keep that in mind, and you'll avoid the headache!