Question: please show work the answer should be 0.0480 Exactly 20 years ago a great uncle opened a new investment account that paid some fixed APR,

please show work the answer should be 0.0480
please show work the answer should be 0.0480 Exactly 20 years ago

Exactly 20 years ago a great uncle opened 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 morning). Your uncle has informed you that he is transferring the account to you as a gift, 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

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