Anuj took a loan of Rs. 50,000 from a bank. If the rate of interest is 10% per annum , find the amount he would be repaying after 3/2 years , if the interest is compounded half-yearly.

Dear Student
P = Rs 50000
R = 10% p a = 5%per half year
Time period T = 32 Years   that is n =3
A = 50000 ×[1+5100]3
 = 50000 ×[21100]3
= Rs57881.25
​​​​Regards
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