Why is SmartSheet sometime so dumb......?

I'm trying to do something that should be so simple.....

I have a several values in a column "A" in a $ format. I want the last row in the column to calculate 5% of the total of above columns. Why does the formula =SUM([Column A]1:[Column A]10*(0.05)) not work...

I'm sure there is some SmartSheet logic, which I don't know that will make this work, but why does the above formula not work? Why would the developers stray so far from basic spreadsheet logic?

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