Compute $\sum _{i=0}^n \left(\frac{i}{n}\right)^3=\frac{(n+1)^2}{4 n}$

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Can someone show me how one can deal with this get the answer provided? $$\sum _{i=0}^n \left(\frac{i}{n}\right)^3=\frac{(n+1)^2}{4 n}$$ Thanks

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The equality is equivalent to

$$\sum_{i=1}^n i^3=\frac14 n^2(n+1)^2$$ and we can prove it by induction. For the inductive step we have

$$\sum_{i=1}^{n+1} i^3=\sum_{i=1}^n i^3+(n+1)^3=\frac14 n^2(n+1)^2+(n+1)^3=\cdots\cdots$$

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Multiply both sides by $n^3$, then use complete induction.