The government estimates 840,000 for equipment, 15,000 for software, and 40,000 per month for wages when the project will take 16 months.

the total cost is $1,495,000

Step-by-step explanation:

The computation of the total cost is shown below:

Let us assume the months be m

Now the equation would be

= Equipment + software + wages

= $840,000 + $15,000 + 40,000m

= $840,000 + $15,000 + $40,000 (16)

= $840,000 + $15,000 + $640,000

= $1,495,000

Hence, the total cost is $1,495,000