# 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 = $\frac{3}{2}$ Years   that is n =3
A = 50000 $×\left[1+\frac{5}{100}{\right]}^{3}$
= 50000 $×\left[\frac{21}{100}{\right]}^{3}$
= Rs57881.25
​​​​Regards
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