The freshman class is participating in a fundraiser. Their target is to raise $5,000. After the first two days of the fundraiser, they have raised 32 percent of their goal. How many dollars did they raise the first two days?
Find out 32% of $5,000 by multiplying $5,000 by the decimal equivalent of 32% (0.32); $5,000 × 0.32 = $1,600.