Alright, let's work through 1001 times 1562 step by step
1001 × 1562 = 1562 × (1001)
+ 1562 × 1 resulting in 1562
+ 1562 × 00 resulting in 0
+ 1562 × 000 which equals 0
+ 1562 × 1000 yielding 1562000

= 1563562
