In 2011, Springfield Mart spent $100,000 for banner advertising on the home page of the online edition of The Springfield Times newspaper, which had 30 million views. Springfield Mart's banner ad was displayed 5% of the time. If there was one click for every 100 impressions and 1 in 10 clicks resulted in a purchase, calculate the cost per 1000 impression for the online advertising campaign. 

Note: Round your answer to 2 decimal places. Omit dollar sign. For example, if your answer is $2.53467, you should write 2.53 as your answer

Answer rating: 100% (QA)

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