Identify numbers: Identify the numbers to be multiplied: 5000 and 29.
Multiply first digit: Multiply the first digit of 29 by 5000: 2×5000=10000.
Multiply second digit: Multiply the second digit of 29 by 5000: 9×5000=45000.
Add products: Add the two products, considering the place value of the second digit (which is actually 9×100 because it's in the tens place): 10000+45000=55000.