Answer: Total Price: $2005
Explanation:
1) Using the formula, V = P% * X, we have P as 0.25%, X, in this case, is $2000 Substituting the values in the formula, we have, V = 0.25% * $2000
So, the value V = $0.25% * $2000 = 500) V = 500) Hence, 0.25% of $2000 is 5.00