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21 December, 10:29

Wang Yong owes the bank $8500. 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?

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  1. 21 December, 11:58
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    8500-6460 = 2040

    2040/12=170

    170*x=8500

    X=50

    He paid 170 a month. It took him 50 months (4.16 years) to pay off his debt
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