OK, let's crack this. We're given 553 and our task is to multiply it by 416. Essentially, we'll be adding 553 to itself 416 times.
Step 1: 0 + 553 = 553
Step 2: 553 + 553 = 1106
Step 3: 1106 + 553 = 1659
Step 4: 1659 + 553 = 2212
Step 5: 2212 + 553 = 2765
Step 6: 2765 + 553 = 3318
Step 7: 3318 + 553 = 3871
Step 8: 3871 + 553 = 4424
Step 9: 4424 + 553 = 4977
Step 10: 4977 + 553 = 5530
Step 11: 5530 + 553 = 6083
Step 12: 6083 + 553 = 6636
Step 13: 6636 + 553 = 7189
Step 14: 7189 + 553 = 7742
Step 15: 7742 + 553 = 8295
Step 16: 8295 + 553 = 8848
Step 17: 8848 + 553 = 9401
Step 18: 9401 + 553 = 9954
Step 19: 9954 + 553 = 10507
Step 20: 10507 + 553 = 11060
Step 21: 11060 + 553 = 11613
Step 22: 11613 + 553 = 12166
Step 23: 12166 + 553 = 12719
Step 24: 12719 + 553 = 13272
Step 25: 13272 + 553 = 13825
Step 26: 13825 + 553 = 14378
Step 27: 14378 + 553 = 14931
Step 28: 14931 + 553 = 15484
Step 29: 15484 + 553 = 16037
Step 30: 16037 + 553 = 16590
Step 31: 16590 + 553 = 17143
Step 32: 17143 + 553 = 17696
Step 33: 17696 + 553 = 18249
Step 34: 18249 + 553 = 18802
Step 35: 18802 + 553 = 19355
Step 36: 19355 + 553 = 19908
Step 37: 19908 + 553 = 20461
Step 38: 20461 + 553 = 21014
Step 39: 21014 + 553 = 21567
Step 40: 21567 + 553 = 22120
Step 41: 22120 + 553 = 22673
Step 42: 22673 + 553 = 23226
Step 43: 23226 + 553 = 23779
Step 44: 23779 + 553 = 24332
Step 45: 24332 + 553 = 24885
Step 46: 24885 + 553 = 25438
Step 47: 25438 + 553 = 25991
Step 48: 25991 + 553 = 26544
Step 49: 26544 + 553 = 27097
Step 50: 27097 + 553 = 27650
Step 51: 27650 + 553 = 28203
Step 52: 28203 + 553 = 28756
Step 53: 28756 + 553 = 29309
Step 54: 29309 + 553 = 29862
Step 55: 29862 + 553 = 30415
Step 56: 30415 + 553 = 30968
Step 57: 30968 + 553 = 31521
Step 58: 31521 + 553 = 32074
Step 59: 32074 + 553 = 32627
Step 60: 32627 + 553 = 33180
Step 61: 33180 + 553 = 33733
Step 62: 33733 + 553 = 34286
Step 63: 34286 + 553 = 34839
Step 64: 34839 + 553 = 35392
Step 65: 35392 + 553 = 35945
Step 66: 35945 + 553 = 36498
Step 67: 36498 + 553 = 37051
Step 68: 37051 + 553 = 37604
Step 69: 37604 + 553 = 38157
Step 70: 38157 + 553 = 38710
Step 71: 38710 + 553 = 39263
Step 72: 39263 + 553 = 39816
Step 73: 39816 + 553 = 40369
Step 74: 40369 + 553 = 40922
Step 75: 40922 + 553 = 41475
Step 76: 41475 + 553 = 42028
Step 77: 42028 + 553 = 42581
Step 78: 42581 + 553 = 43134
Step 79: 43134 + 553 = 43687
Step 80: 43687 + 553 = 44240
Step 81: 44240 + 553 = 44793
Step 82: 44793 + 553 = 45346
Step 83: 45346 + 553 = 45899
Step 84: 45899 + 553 = 46452
Step 85: 46452 + 553 = 47005
Step 86: 47005 + 553 = 47558
Step 87: 47558 + 553 = 48111
Step 88: 48111 + 553 = 48664
Step 89: 48664 + 553 = 49217
Step 90: 49217 + 553 = 49770
Step 91: 49770 + 553 = 50323
Step 92: 50323 + 553 = 50876
Step 93: 50876 + 553 = 51429
Step 94: 51429 + 553 = 51982
Step 95: 51982 + 553 = 52535
Step 96: 52535 + 553 = 53088
Step 97: 53088 + 553 = 53641
Step 98: 53641 + 553 = 54194
Step 99: 54194 + 553 = 54747
Step 100: 54747 + 553 = 55300
Step 101: 55300 + 553 = 55853
Step 102: 55853 + 553 = 56406
Step 103: 56406 + 553 = 56959
Step 104: 56959 + 553 = 57512
Step 105: 57512 + 553 = 58065
Step 106: 58065 + 553 = 58618
Step 107: 58618 + 553 = 59171
Step 108: 59171 + 553 = 59724
Step 109: 59724 + 553 = 60277
Step 110: 60277 + 553 = 60830
Step 111: 60830 + 553 = 61383
Step 112: 61383 + 553 = 61936
Step 113: 61936 + 553 = 62489
Step 114: 62489 + 553 = 63042
Step 115: 63042 + 553 = 63595
Step 116: 63595 + 553 = 64148
Step 117: 64148 + 553 = 64701
Step 118: 64701 + 553 = 65254
Step 119: 65254 + 553 = 65807
Step 120: 65807 + 553 = 66360
Step 121: 66360 + 553 = 66913
Step 122: 66913 + 553 = 67466
Step 123: 67466 + 553 = 68019
Step 124: 68019 + 553 = 68572
Step 125: 68572 + 553 = 69125
Step 126: 69125 + 553 = 69678
Step 127: 69678 + 553 = 70231
Step 128: 70231 + 553 = 70784
Step 129: 70784 + 553 = 71337
Step 130: 71337 + 553 = 71890
Step 131: 71890 + 553 = 72443
Step 132: 72443 + 553 = 72996
Step 133: 72996 + 553 = 73549
Step 134: 73549 + 553 = 74102
Step 135: 74102 + 553 = 74655
Step 136: 74655 + 553 = 75208
Step 137: 75208 + 553 = 75761
Step 138: 75761 + 553 = 76314
Step 139: 76314 + 553 = 76867
Step 140: 76867 + 553 = 77420
Step 141: 77420 + 553 = 77973
Step 142: 77973 + 553 = 78526
Step 143: 78526 + 553 = 79079
Step 144: 79079 + 553 = 79632
Step 145: 79632 + 553 = 80185
Step 146: 80185 + 553 = 80738
Step 147: 80738 + 553 = 81291
Step 148: 81291 + 553 = 81844
Step 149: 81844 + 553 = 82397
Step 150: 82397 + 553 = 82950
Step 151: 82950 + 553 = 83503
Step 152: 83503 + 553 = 84056
Step 153: 84056 + 553 = 84609
Step 154: 84609 + 553 = 85162
Step 155: 85162 + 553 = 85715
Step 156: 85715 + 553 = 86268
Step 157: 86268 + 553 = 86821
Step 158: 86821 + 553 = 87374
Step 159: 87374 + 553 = 87927
Step 160: 87927 + 553 = 88480
Step 161: 88480 + 553 = 89033
Step 162: 89033 + 553 = 89586
Step 163: 89586 + 553 = 90139
Step 164: 90139 + 553 = 90692
Step 165: 90692 + 553 = 91245
Step 166: 91245 + 553 = 91798
Step 167: 91798 + 553 = 92351
Step 168: 92351 + 553 = 92904
Step 169: 92904 + 553 = 93457
Step 170: 93457 + 553 = 94010
Step 171: 94010 + 553 = 94563
Step 172: 94563 + 553 = 95116
Step 173: 95116 + 553 = 95669
Step 174: 95669 + 553 = 96222
Step 175: 96222 + 553 = 96775
Step 176: 96775 + 553 = 97328
Step 177: 97328 + 553 = 97881
Step 178: 97881 + 553 = 98434
Step 179: 98434 + 553 = 98987
Step 180: 98987 + 553 = 99540
Step 181: 99540 + 553 = 100093
Step 182: 100093 + 553 = 100646
Step 183: 100646 + 553 = 101199
Step 184: 101199 + 553 = 101752
Step 185: 101752 + 553 = 102305
Step 186: 102305 + 553 = 102858
Step 187: 102858 + 553 = 103411
Step 188: 103411 + 553 = 103964
Step 189: 103964 + 553 = 104517
Step 190: 104517 + 553 = 105070
Step 191: 105070 + 553 = 105623
Step 192: 105623 + 553 = 106176
Step 193: 106176 + 553 = 106729
Step 194: 106729 + 553 = 107282
Step 195: 107282 + 553 = 107835
Step 196: 107835 + 553 = 108388
Step 197: 108388 + 553 = 108941
Step 198: 108941 + 553 = 109494
Step 199: 109494 + 553 = 110047
Step 200: 110047 + 553 = 110600
Step 201: 110600 + 553 = 111153
Step 202: 111153 + 553 = 111706
Step 203: 111706 + 553 = 112259
Step 204: 112259 + 553 = 112812
Step 205: 112812 + 553 = 113365
Step 206: 113365 + 553 = 113918
Step 207: 113918 + 553 = 114471
Step 208: 114471 + 553 = 115024
Step 209: 115024 + 553 = 115577
Step 210: 115577 + 553 = 116130
Step 211: 116130 + 553 = 116683
Step 212: 116683 + 553 = 117236
Step 213: 117236 + 553 = 117789
Step 214: 117789 + 553 = 118342
Step 215: 118342 + 553 = 118895
Step 216: 118895 + 553 = 119448
Step 217: 119448 + 553 = 120001
Step 218: 120001 + 553 = 120554
Step 219: 120554 + 553 = 121107
Step 220: 121107 + 553 = 121660
Step 221: 121660 + 553 = 122213
Step 222: 122213 + 553 = 122766
Step 223: 122766 + 553 = 123319
Step 224: 123319 + 553 = 123872
Step 225: 123872 + 553 = 124425
Step 226: 124425 + 553 = 124978
Step 227: 124978 + 553 = 125531
Step 228: 125531 + 553 = 126084
Step 229: 126084 + 553 = 126637
Step 230: 126637 + 553 = 127190
Step 231: 127190 + 553 = 127743
Step 232: 127743 + 553 = 128296
Step 233: 128296 + 553 = 128849
Step 234: 128849 + 553 = 129402
Step 235: 129402 + 553 = 129955
Step 236: 129955 + 553 = 130508
Step 237: 130508 + 553 = 131061
Step 238: 131061 + 553 = 131614
Step 239: 131614 + 553 = 132167
Step 240: 132167 + 553 = 132720
Step 241: 132720 + 553 = 133273
Step 242: 133273 + 553 = 133826
Step 243: 133826 + 553 = 134379
Step 244: 134379 + 553 = 134932
Step 245: 134932 + 553 = 135485
Step 246: 135485 + 553 = 136038
Step 247: 136038 + 553 = 136591
Step 248: 136591 + 553 = 137144
Step 249: 137144 + 553 = 137697
Step 250: 137697 + 553 = 138250
Step 251: 138250 + 553 = 138803
Step 252: 138803 + 553 = 139356
Step 253: 139356 + 553 = 139909
Step 254: 139909 + 553 = 140462
Step 255: 140462 + 553 = 141015
Step 256: 141015 + 553 = 141568
Step 257: 141568 + 553 = 142121
Step 258: 142121 + 553 = 142674
Step 259: 142674 + 553 = 143227
Step 260: 143227 + 553 = 143780
Step 261: 143780 + 553 = 144333
Step 262: 144333 + 553 = 144886
Step 263: 144886 + 553 = 145439
Step 264: 145439 + 553 = 145992
Step 265: 145992 + 553 = 146545
Step 266: 146545 + 553 = 147098
Step 267: 147098 + 553 = 147651
Step 268: 147651 + 553 = 148204
Step 269: 148204 + 553 = 148757
Step 270: 148757 + 553 = 149310
Step 271: 149310 + 553 = 149863
Step 272: 149863 + 553 = 150416
Step 273: 150416 + 553 = 150969
Step 274: 150969 + 553 = 151522
Step 275: 151522 + 553 = 152075
Step 276: 152075 + 553 = 152628
Step 277: 152628 + 553 = 153181
Step 278: 153181 + 553 = 153734
Step 279: 153734 + 553 = 154287
Step 280: 154287 + 553 = 154840
Step 281: 154840 + 553 = 155393
Step 282: 155393 + 553 = 155946
Step 283: 155946 + 553 = 156499
Step 284: 156499 + 553 = 157052
Step 285: 157052 + 553 = 157605
Step 286: 157605 + 553 = 158158
Step 287: 158158 + 553 = 158711
Step 288: 158711 + 553 = 159264
Step 289: 159264 + 553 = 159817
Step 290: 159817 + 553 = 160370
Step 291: 160370 + 553 = 160923
Step 292: 160923 + 553 = 161476
Step 293: 161476 + 553 = 162029
Step 294: 162029 + 553 = 162582
Step 295: 162582 + 553 = 163135
Step 296: 163135 + 553 = 163688
Step 297: 163688 + 553 = 164241
Step 298: 164241 + 553 = 164794
Step 299: 164794 + 553 = 165347
Step 300: 165347 + 553 = 165900
Step 301: 165900 + 553 = 166453
Step 302: 166453 + 553 = 167006
Step 303: 167006 + 553 = 167559
Step 304: 167559 + 553 = 168112
Step 305: 168112 + 553 = 168665
Step 306: 168665 + 553 = 169218
Step 307: 169218 + 553 = 169771
Step 308: 169771 + 553 = 170324
Step 309: 170324 + 553 = 170877
Step 310: 170877 + 553 = 171430
Step 311: 171430 + 553 = 171983
Step 312: 171983 + 553 = 172536
Step 313: 172536 + 553 = 173089
Step 314: 173089 + 553 = 173642
Step 315: 173642 + 553 = 174195
Step 316: 174195 + 553 = 174748
Step 317: 174748 + 553 = 175301
Step 318: 175301 + 553 = 175854
Step 319: 175854 + 553 = 176407
Step 320: 176407 + 553 = 176960
Step 321: 176960 + 553 = 177513
Step 322: 177513 + 553 = 178066
Step 323: 178066 + 553 = 178619
Step 324: 178619 + 553 = 179172
Step 325: 179172 + 553 = 179725
Step 326: 179725 + 553 = 180278
Step 327: 180278 + 553 = 180831
Step 328: 180831 + 553 = 181384
Step 329: 181384 + 553 = 181937
Step 330: 181937 + 553 = 182490
Step 331: 182490 + 553 = 183043
Step 332: 183043 + 553 = 183596
Step 333: 183596 + 553 = 184149
Step 334: 184149 + 553 = 184702
Step 335: 184702 + 553 = 185255
Step 336: 185255 + 553 = 185808
Step 337: 185808 + 553 = 186361
Step 338: 186361 + 553 = 186914
Step 339: 186914 + 553 = 187467
Step 340: 187467 + 553 = 188020
Step 341: 188020 + 553 = 188573
Step 342: 188573 + 553 = 189126
Step 343: 189126 + 553 = 189679
Step 344: 189679 + 553 = 190232
Step 345: 190232 + 553 = 190785
Step 346: 190785 + 553 = 191338
Step 347: 191338 + 553 = 191891
Step 348: 191891 + 553 = 192444
Step 349: 192444 + 553 = 192997
Step 350: 192997 + 553 = 193550
Step 351: 193550 + 553 = 194103
Step 352: 194103 + 553 = 194656
Step 353: 194656 + 553 = 195209
Step 354: 195209 + 553 = 195762
Step 355: 195762 + 553 = 196315
Step 356: 196315 + 553 = 196868
Step 357: 196868 + 553 = 197421
Step 358: 197421 + 553 = 197974
Step 359: 197974 + 553 = 198527
Step 360: 198527 + 553 = 199080
Step 361: 199080 + 553 = 199633
Step 362: 199633 + 553 = 200186
Step 363: 200186 + 553 = 200739
Step 364: 200739 + 553 = 201292
Step 365: 201292 + 553 = 201845
Step 366: 201845 + 553 = 202398
Step 367: 202398 + 553 = 202951
Step 368: 202951 + 553 = 203504
Step 369: 203504 + 553 = 204057
Step 370: 204057 + 553 = 204610
Step 371: 204610 + 553 = 205163
Step 372: 205163 + 553 = 205716
Step 373: 205716 + 553 = 206269
Step 374: 206269 + 553 = 206822
Step 375: 206822 + 553 = 207375
Step 376: 207375 + 553 = 207928
Step 377: 207928 + 553 = 208481
Step 378: 208481 + 553 = 209034
Step 379: 209034 + 553 = 209587
Step 380: 209587 + 553 = 210140
Step 381: 210140 + 553 = 210693
Step 382: 210693 + 553 = 211246
Step 383: 211246 + 553 = 211799
Step 384: 211799 + 553 = 212352
Step 385: 212352 + 553 = 212905
Step 386: 212905 + 553 = 213458
Step 387: 213458 + 553 = 214011
Step 388: 214011 + 553 = 214564
Step 389: 214564 + 553 = 215117
Step 390: 215117 + 553 = 215670
Step 391: 215670 + 553 = 216223
Step 392: 216223 + 553 = 216776
Step 393: 216776 + 553 = 217329
Step 394: 217329 + 553 = 217882
Step 395: 217882 + 553 = 218435
Step 396: 218435 + 553 = 218988
Step 397: 218988 + 553 = 219541
Step 398: 219541 + 553 = 220094
Step 399: 220094 + 553 = 220647
Step 400: 220647 + 553 = 221200
Step 401: 221200 + 553 = 221753
Step 402: 221753 + 553 = 222306
Step 403: 222306 + 553 = 222859
Step 404: 222859 + 553 = 223412
Step 405: 223412 + 553 = 223965
Step 406: 223965 + 553 = 224518
Step 407: 224518 + 553 = 225071
Step 408: 225071 + 553 = 225624
Step 409: 225624 + 553 = 226177
Step 410: 226177 + 553 = 226730
Step 411: 226730 + 553 = 227283
Step 412: 227283 + 553 = 227836
Step 413: 227836 + 553 = 228389
Step 414: 228389 + 553 = 228942
Step 415: 228942 + 553 = 229495
Step 416: 229495 + 553 = 230048

So, 553*416 = 230048