Percentage

How do I show a percentage of one cell in $ in another cell also in $

For example 12 % of 5.00 = 0.60

A1 >>>> 5
b1 >>>> 12
c1 >>>> =a1*b1*0.01

format a1 and c1 as currency

regards
Bill K

"Mark" <[email protected]> wrote in message
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> How do I show a percentage of one cell in $ in another cell also in $