The First 12% of a Project Has Been Completed at a Total

Multiple Choice

The first 12% of a project has been completed at a total cost of $850,000. The project managers have calculated that the remainder of the project should be completed at a similar dollar per percentage rate. Approximately how much should the entire project cost?

A) $960,000
B) $1,600,000
C) $6,000,000
D) $7,000,000