Identify Numbers: Identify the numbers to be multiplied. We have two numbers, 7000 and 8000, which we need to multiply together.
Multiply Numbers: Multiply the two numbers. To multiply these large numbers, we can use the standard multiplication algorithm or simplify the multiplication by recognizing that both numbers are multiples of 1000.7000×8000=(7×1000)×(8×1000)=(7×8)×(1000×1000).
Simplify Multiplication: Multiply the simplified factors. First, multiply 7 by 8, which equals 56. Then, multiply 1000 by 1000, which equals 1,000,000. 56×1,000,000=56,000,000.
Calculate Final Answer: Write down the final answer. The product of 7000 and 8000 is 56,000,000.