Answer:
$15
Step-by-step explanation:
If the 5 people where each paying $12 to rent the equipment, that means the cost of the equipment can be found multiplying 5 and 12 to get 60. Now that we know that the cost of the equipment is $60, if one person bailed out, there are now 4 people to rent it. You can find how much each person pays if they each pay the same amount by dividing 60 by 4. Once you do $60 ÷ 4 people = 15. So each person pays $15.
I hope this helps :)
