The explanation for the correct answer "All of the above" is that all three options mentioned in the answer are valid methods to find 15% of $72.00.
Option A suggests converting 15% to the decimal .15 and multiplying it with $72.00, which gives the result $10.80.
Option B breaks down 15% into 10% and 5%. It calculates 10% of $72.00 as $7.20 and then adds half of 10% (which is 5%) of $72.00, resulting in $10.80.
Option C suggests finding 1% of $72.00, which is $0.72, and then multiplying it by 15, giving the same result of $10.80.
Therefore, all three methods yield the correct answer of $10.80, making "All of the above" the correct choice.