OK, let's crack this. We're given 423 and our task is to multiply it by 16. Essentially, we'll be adding 423 to itself 16 times.
Step 1: 0 + 423 = 423
Step 2: 423 + 423 = 846
Step 3: 846 + 423 = 1269
Step 4: 1269 + 423 = 1692
Step 5: 1692 + 423 = 2115
Step 6: 2115 + 423 = 2538
Step 7: 2538 + 423 = 2961
Step 8: 2961 + 423 = 3384
Step 9: 3384 + 423 = 3807
Step 10: 3807 + 423 = 4230
Step 11: 4230 + 423 = 4653
Step 12: 4653 + 423 = 5076
Step 13: 5076 + 423 = 5499
Step 14: 5499 + 423 = 5922
Step 15: 5922 + 423 = 6345
Step 16: 6345 + 423 = 6768

So, 423*16 = 6768