first off, let's convert the mixed fraction to improper fraction and then proceed, let's notice that by PEMDAS or order of operations, the multiplication is done first, and then any sums.
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Answer:
<u>$15,000</u> is the amount to spend on marketing in the month of March.
Step-by-step explanation:
Given:
You have a monthly budget percentage of 5% for marketing.
Your projected sales for the month of March are $300,000.
Now, to find the amount spend on marketing:
Rate of marketing = 5%.
Projected sales for the month of March = $300,000.
Now, to get the amount spend on marketing in March:
<u><em>5% of $300,000.</em></u>
Therefore, $15,000 is the amount to spend on marketing in the month of March.