A certain sum of money becomes \(216 \over 125\) times of itself in 3 years at compound interest, compounded annually.
What is the rate of interest?
1
40 percent
2
20 percent
3
10 percent
4
30 percent
A certain sum of money becomes \(216 \over 125\) times of itself in 3 years at compound interest, compounded annually.
What is the rate of interest?