The total annual ad spending for the NCAA basketball tournament (known as “March Madness”) was $239.1 million in 1998, and it increased by about $31.2 million per year until 2013. Let f(t) be the total annual ad spending (in millions of dollars) in the year that is t years since 1998.
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$738.3 million
239.1, + 31.2 per year for 16 years is $738.3 million
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