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500\times \frac{3}{2}
Divide 500 by \frac{2}{3} by multiplying 500 by the reciprocal of \frac{2}{3}.
\frac{500\times 3}{2}
Express 500\times \frac{3}{2} as a single fraction.
\frac{1500}{2}
Multiply 500 and 3 to get 1500.
750
Divide 1500 by 2 to get 750.