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Wang Yong owes the bank $8500. To repay the debt, he paid a fixed amount back to the bank each month. After 12 months, his remaining debt was $6460. How much did Wang Yong pay e…

Wang Yong owes the bank $8500. To repay the debt, he paid a fixed amount back to the bank each month. After 12 months, his remaining debt was $6460. How much did Wang Yong pay e…
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Wang Yong owes the bank $8500. To repay the debt, he paid a fixed amount back to the bank each month. After 12 months, his remaining debt was $6460.

How much did Wang Yong pay each month?


How long did it take Wang Yong to pay back his entire debt?

asked
User Atsuhiro Teshima
by
8.2k points

1 Answer

4 votes

Answer:

"How much did Wang Yong pay each month" answer: $170

"How long did it take Wang Yong to pay back his entire debt?" answer: 50 months

answered
User BillF
by
8.4k points
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