Question

Last year a company spent $11 million on Internet advertising. If that amount increases by 17 percent this year, how much will the company spend on Internet advertising?

Answer 1

If a company spent that much on internet advertising and increased it by 17%, the new amount spent would be $12.87 million.

How much did the company spend on advertising?

The amount spent can be calculated as:

= Amount x (  1 + increase in advertising)

Solving gives:

= 11 million x (  1 + 17%)

= 11 x 1.17

= $12.87 million

Find out more on advertising expenses at brainly.com/question/24967768.