A group of 12 friends bought a boat costing $5,424. Each of the friends paid an equal share of the cost. How much did each person pay?

$442
$462
$542
$562
none

1 answer

To find out how much each person paid, divide the total cost of the boat by the number of friends:

\[ \text{Cost per person} = \frac{\text{Total cost}}{\text{Number of friends}} = \frac{5424}{12} \]

Calculating this gives:

\[ \frac{5424}{12} = 452 \]

Since $452 is not one of the options provided, the answer is "none."