Hi, can someon help me with the loan calculator in java?

Question

I dont know how to proced, i tried int(amount) = scanner.nextInt(); int result = amount % 10; //because i have to pay back 10% of 20000$ each month for 6 months// while(result >= 10628) //10628 is the amount of $ wich i didnt pay yet// { System.out.println (result);
amount= scanner.nextInt();
result= amount % 10;
}
I tried to do a loop with WHILE trying to do the percentage of 20.000 can someone help me, ps sorry for my bad english

Answer 1

Scanner scanner = new Scanner(System.in);
int amt = scanner.nextInt();
for(int i=1;i<=6;i++)
{
int c=(int)Math.ceil(amt*10.0/100.0);
amt=amt-c;
(here I've used a loop as stated in the question
And as soon as the condition is met we can display the output
if(i==6)
System.out.print(amt);
}

Happy coding bro😄

Answer 2

It will be better to share the total code...
From the above code instructions :
int(amount) is wrong syntax. It shloud be like
int amount=scanner.nextInt() ;
Remaining works fine..

Answer 3

Tarun Because the question asks for the outstanding amount after paying for 6 months.

If you do the print within the loop, you get the outstanding amount after every month.

Answer 4

Thank you man😁

Answer 5

Wait i have another problem, while in the problem it talks about 20'000$ while is trying to run the code try 100'000$ or 500'000 $

Answer 6

Use 90% for 6 months to find the balance.
4 lines of code added.

https://code.sololearn.com/cp6GXE4Rc84v/?ref=app

If you are paying 10% every month, one way is to find the 10% and then use your total minus the 10% paid to get the balance.

The other way, is to find the 90% so you don't have to minus.

If you have 100 and you paid 10%,
Method 1: 100 - (100 * 10%) = 90
Method 2: 100 * 90% = 90

The "i=0" is used for looping. It will loop from 0 until 5 (< 6), which is 6 times.

Finally prints out amount.

Answer 7

Why print command need to be written outside of for loop block

Answer 8

Thanks sir. It really helped