Question

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?

Answer 1

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