Answer:
5
Step-by-step explanation:
Cash at hand = $59.95
Price of one CD is $11.99
Number of CD that can be purchased = X
With this above information, we can write
1 CD = $11.99 -------- (1)
X CD = $59.95 ----------(2)
cross multiplying the above equations, we have
X x $11.99 = 1 x $59.95
$11.99X = $59.95
To calculate the value of X, divide both sides by $11.99
we have,
$11.99X = $59.95
$11.99 $11.99
X = 5
The value of X is 5.
Therefore, $59.95 will buy 5 CDs at $11.99ea.
I hope this helps.