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Pepsi [2]
3 years ago
11

Harry owes the bank money. To repay his debt, he paid \$150$150dollar sign, 150 back to the bank each month. After 101010 months

, his remaining debt was \$6900$6900dollar sign, 6900. What was the original amount of Harry's debt/
Business
1 answer:
Firdavs [7]3 years ago
7 0

Answer: $8,400

Explanation:

Given the following:

Amount repaid each month = $150

Number of Periods for which amount was paid = 10 months

Amount left after 10 months payment = $6900

Harry's original debt=?

The total amount paid = $150 × 10 = $1500

Amount left = $6900

Total debt amount:

(Total Amount left + total amount paid )

$(6900 + 1500)

=$8400

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