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Please explain logic to solve this problem..
You take a loan from a friend and need to calculate how much you will owe him after 3 months. You are going to pay him back 10% of the remaining loan amount each month. Create a program that takes the loan amount as input, calculates and outputs the remaining amount after 3 months.
3 Answers
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You take money from a friend
Let's say 100$
The first month you should pay him 10% of the remaining money, so you give him back 100$ * 10%= 10$
The remaining will be 90$, the next month you will pay 10% of the 90$, so you give back 9$.
The remaining will be 81$, the third month you will pay 10% of the 81$, so you'll give back 8.1$.
The remaining is 72.9$, this the remaining money you owe him after three months.
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The logic is something like this:
Loan = $n
Payback amount #1 = 90% of $n
Update $n
Repeat
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Bro I want Source Code