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Jose pays 10% of his balance each month. If Jose borrowed $5000 with no interest, how much does he still owe after 1 year?

Jose pays 10% of his balance each month. If Jose borrowed $5000 with no interest, how much does he still owe after 1 year?
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Jose pays 10% of his balance each month. If Jose borrowed $5000 with no interest, how much does he still owe after 1 year?

User Sreeni
by
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2 Answers

6 votes

Answer: 1,422

Explanation:

User Omkaartg
by
7.9k points
4 votes
i think the answer is 1,422 if i’m wrong i’m sorry
User Pedrobisp
by
8.9k points
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