document.write( "Question 1153405: Matthew received $765 interest over 4 years when he invested $3800 in an account paying compound interest with monthly rests. What interest rate was paid? \n" ); document.write( "
Algebra.Com's Answer #775990 by josgarithmetic(39630)\"\" \"About 
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4 years holds 48 monthly compounding periods.\r
\n" ); document.write( "\n" ); document.write( "r, monthly interest rate, as a decimal\r
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\n" ); document.write( "\n" ); document.write( "Total balance, \"3800%281%2Br%29%5E48\"
\n" ); document.write( "Total balance , \"3800%2B765\"\r
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\n" ); document.write( "\n" ); document.write( "\"3800%2B765=3800%281%2Br%29%5E48\"------solve.
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