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Mia hired a moving company. The company charged $500 for its services, and Mia gives the movers a 16% tip. How much does Mia tip the movers? $

Mia hired a moving company. The company charged $500 \$ 500 for its services, and Mia gives the movers a 16% 16 \% tip.\newlineHow much does Mia tip the movers?\newline$ \$

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Q. Mia hired a moving company. The company charged $500 \$ 500 for its services, and Mia gives the movers a 16% 16 \% tip.\newlineHow much does Mia tip the movers?\newline$ \$
  1. Identify Total Cost: Identify the total service cost and the percentage for the tip.\newlineMia's total service cost is $500\$500, and she wants to give a 16%16\% tip on this amount.
  2. Convert to Decimal: Convert the percentage to a decimal to calculate the tip.\newlineTo convert a percentage to a decimal, divide it by 100100. So, 16%16\% becomes 0.160.16.
  3. Calculate Tip Amount: Calculate the tip amount by multiplying the total service cost by the decimal tip rate.\newlineTip amount = Total service cost ×\times Decimal tip rate\newlineTip amount = $500×0.16\$500 \times 0.16
  4. Perform Multiplication: Perform the multiplication to find the tip amount.\newlineTip amount = $500×0.16=$80\$500 \times 0.16 = \$80

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