document.write( "Question 1198963: Frank invests $3500 dollars into an account earning interest compounded quarterly. After 10 years there is $5050 in the account. What was the interest rate? \n" ); document.write( "
Algebra.Com's Answer #832796 by MathLover1(20850)\"\" \"About 
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\n" ); document.write( "using the following formula:\r
\n" ); document.write( "\n" ); document.write( "\"A=P%281%2Br%2Fn%29%5E%28n%2At%29\"\r
\n" ); document.write( "\n" ); document.write( "given:\r
\n" ); document.write( "\n" ); document.write( "\"A=5050\"
\n" ); document.write( "\"P=3500\"
\n" ); document.write( "\"t=10\"
\n" ); document.write( "\"n=4\"\r
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\n" ); document.write( "\n" ); document.write( "\"5050=3500%281%2Br%2F4%29%5E%284%2A10%29\"\r
\n" ); document.write( "\n" ); document.write( "\"5050%2F3500=%281%2Br%2F4%29%5E40\"\r
\n" ); document.write( "\n" ); document.write( "\"%281%2Br%2F4%29%5E40=101%2F70\"\r
\n" ); document.write( "\n" ); document.write( "\"log%28%281%2Br%2F4%29%5E40%29=log%28101%2F70%29\"\r
\n" ); document.write( "\n" ); document.write( "\"40log%28%281%2Br%2F4%29%29=log%28101%2F70%29\"\r
\n" ); document.write( "\n" ); document.write( "\"log%28%281%2Br%2F4%29%29=log%28101%2F70%29%2F40\"\r
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "\n" ); document.write( "\"log%28r%2F4+%2B+1%29+=+0.009165631869797533\"\r
\n" ); document.write( "\n" ); document.write( "\"r\"\"0.036831\"\r
\n" ); document.write( "\n" ); document.write( "\"r=3.6831\"%\r
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