My excel drag is NOT working. I have ensured that in excel options the "Enable fill handle and cell drag-and-drop" has been selected, as well as that the calculations are "Automatic."

In my current scenario, I am trying to drag all cells to be multiplied by 2%. Since I will need to see multiple scenarios other than 2%, I have placed 2% in a cell above the actual calculations. For instance, cell A4 is 200k. Cell A1 is 2%. I'm using the formula A4*A1 to calculate. Now cell A5 is 250k, when I drag the formula down to multiple A5*A1, instead it does A5*A2. I've checked the fill options and it doesn't even give me the "fill series" option.

Any thoughts?