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IKMC 2027 - Grades 9-10 - Self-study SET 5 - Thematic Batch 3 Question 24

IKMC · IKMC 2027 - Grades 9-10 - Self-study SET 5 - Thematic Batch 3

Question 24

Mike borrows 700 monetary units without interest to buy a bicycle. Each month he repays 10% of the outstanding debt, rounded to the nearest positive integer. After at least how many months will the debt be below 400?

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