SOLUTION: An amount of 64 Rs has to become 125 in 3 years in compound interest , find the rate of interest?
Algebra.Com
Question 869783: An amount of 64 Rs has to become 125 in 3 years in compound interest , find the rate of interest?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
i= (fv/pv)^(1/n) -1
fv= 125
pv= 64
n= 3
i= 0.25
i= 25 %
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