Solved: Loan Problem: For T21 and T22, Leonardo borrows $200.00 from his parents to buy
Chapter 14, Problem T22(choose chapter or problem)
Loan Problem: For T21 and T22, Leonardo borrows $200.00 from his parents to buy a new calculator. They require him to pay back 10% of his unpaid balance at the end of each month. Leonardo must pay off the rest of the loan when his unpaid balance has dropped below $5.00. After how many months will this have happened? Indicate the method you use. (It is not enough to say, I used my calculator or Guess and check.)
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