Since each year has 12 months, and Ramey bought 4 boxes of cereal each month, multiply 12 times 4 to find the total amount of boxes of cereal that Ramey bought in a year:
![12*4=48](https://img.qammunity.org/2023/formulas/mathematics/high-school/6fg6mjoy38ww8oz974nfxuztym99fqfvy8.png)
The cost of each box of Brand X cereal is $2.47. Multiply 48 times $2.47 to find the total amount of money spent on Brand X cereal in a year:
![48*2.47=118.56](https://img.qammunity.org/2023/formulas/mathematics/college/gir9r91vlr4uek6t9im0q7hy9wtojc05j1.png)
Therefore, Ramey spent $118.56 on Brand X cereal in a year.