SOLUTION: An amount of 64 Rs has to become 125 in 3 years in compound interest , find the rate of interest?

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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) About Me  (Show Source):
You can put this solution on YOUR website!
i= (fv/pv)^(1/n) -1

fv= 125
pv= 64
n= 3
i=%28%09125%09%2F%0964%09%29%5E%28%091%09%2F%09n%29%09-%091%0D%0A
i=%091.95%09%5E%09%281%09%2F%093%29%09%09-%091
i= 0.25
i= 25 %