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31 March, 16:26

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?

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  1. 31 March, 19:57
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    The answer is 538.3 per month

    $6450/12 (months)
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