last year, the average monthly revenue at the ashland times newspaper was $90,350. so far this year, the…

last year, the average monthly revenue at the ashland times newspaper was $90,350. so far this year, the average has been 8% more than last year. what is the average revenue so far this year?

last year, the average monthly revenue at the ashland times newspaper was $90,350. so far this year, the average has been 8% more than last year. what is the average revenue so far this year?

Answer

Explanation:

Step1: Convert 8% to decimal

$8%=0.08$

Step2: Calculate the increase amount

The increase amount is $90350\times0.08 = 7228$.

Step3: Calculate this - year's average revenue

This - year's average revenue is $90350 + 7228=97578$.

Answer:

$97578$