Annual Costs of Renting.Teresa rents her apartment for

$985

per month, utilities not included. When she moved in, she paid a

$800

security deposit using money from her savings account that was paying

3%

interest. Her renter's insurance costs her

$85

per year. What are Teresa's total annual costs of renting?

Part 2

Teresa's total annual costs of renting are

$enter your response here.

(Round to the nearest cent.)