You take a loan from a friend and need to calculate how much you will owe him after 6 months. You are going to pay him back 10%

Question

Use loops to calculate payments and integers for amounts

Answer 1

Considering you borrowed $1000
At the end of year you must pay $1100
So you would pay $100 more
Interest for every month = 100/12
So interest for 6 months = (100/12)*6
Total payable = $1000 + $(100/12)*6

Answer 2

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 3

Can you write the code Avinesh ?

Answer 4

Dhaval Dodiya I can but I won't until there is a genuine attempt by the user.