Answer:
The projected annual cost would be $3,966.86
Step-by-step explanation:
This question can be solved using a rule of three.
For 7 months, you pay $2314. How much would you pay for an year, which is 12 months?
7 months - $2314
12 months - x
Applying cross multiplication
7x = 2314*12
x = (2314*12)/7
x = 3966.86
The projected annual cost would be $3,966.86
