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please show work that i can write out Problem 4 Exactly 20 years ago a great uncle cpened a new investment account that paid some
please show work that i can write out
Problem 4 Exactly 20 years ago a great uncle cpened a new investment account that paid some fixed APR, compounded quarterly. Your uncle deposited \$1,000 when the account was opened, and continued to make annual $1,000 deposits (the last deposit was made this morring). Your uncle has informed you that he is transferring the account to you as a gitt, and that the account now has a balance of $35,270,94. What is the APR the account has been paying? Express final answer in decimal format, accurate and rounded to 4 decimal places Step by Step Solution
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