Решение:
\[ 7 - 8 \frac{4}{5} = 7 - \frac{44}{5} = \frac{35}{5} - \frac{44}{5} = \frac{35 - 44}{5} = \frac{-9}{5} \]
\[ \frac{-9}{5} \times 2 \frac{7}{9} = \frac{-9}{5} \times \frac{25}{9} = \frac{-1}{1} \times \frac{5}{1} = -5 \]
\[ \frac{1}{8} - \frac{3}{4} = \frac{1}{8} - \frac{6}{8} = \frac{1 - 6}{8} = \frac{-5}{8} \]
\[ 15 : \left(-\frac{5}{8}\right) = 15 \times \left(-\frac{8}{5}\right) = 3 \times (-8) = -24 \]
\[ -5 - (-24) = -5 + 24 = 19 \]
Ответ: 19