Using proportions, it is found that the adjusted monthly cost for renting this condo is of $900.
A proportion is a fraction of a total amount.
The rent also involves the insurance of $1,800 a year. The monthly amount corresponding to the insurance is given by:
$1,800/12 = 150.
Hence, the adjusted monthly cost for renting this condo is given by:
$750 + $150 = $900.
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