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%

Question

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.

Sample Input:
20000

Sample Output:
10628

Here is the monthly payment schedule:
Month 1
Payment: 10% of 20000 = 2000
Remaining amount: 18000
Month 2
Payment: 10% of 18000 = 1800
Remaining amount: 16200
Month 3:
Payment: 10% of 16200 = 1620
Remaining amount: 14580

Answer 1

Try to find the solution in practice and we are here to help you solve your code errors

Answer 2

Many had asked questions around this (it's one of the coach's tasks). So please try to search the forum first, you may find clues (or even solutions) to this 👍

Answer 3

public class Program
{
public static void main(String[] args) {
Scanner scanner = new Scanner(System.in);
int amount = scanner.nextInt();

for (int i =0; i<3; ++i){
amount-=amount*0.1;
}
System.out.println(amount);
}
}

Answer 4

https://www.sololearn.com/Discuss/410322/?ref=app

Answer 5

What is 10%? it is 0.1 of sum.
total = 20000
use for loop (range of 3)
in every iteration do same calculation with total

Answer 6

Can you pls slove this