Sure thing! We've got 550 and we're gonna multiply it by 8. That's the same as adding 550 to itself 8 times.
Step 1: 0 + 550 = 550
Step 2: 550 + 550 = 1100
Step 3: 1100 + 550 = 1650
Step 4: 1650 + 550 = 2200
Step 5: 2200 + 550 = 2750
Step 6: 2750 + 550 = 3300
Step 7: 3300 + 550 = 3850
Step 8: 3850 + 550 = 4400

So, 550*8 = 4400