i = monthly interest rate (since it is compunded MONTHLY)
  
 FV = Future Value   PV = Present Value
 FV = PV(1+i)^n        Where n = number of interest periods(MONTHS)
 35000 = 10500 (1 +i)^144
 35000/10500 = (1+i)^144    Take LOG of both sides
 .522878 = 144 log(1+i)         Divide both sides by 144
 .003631102 = log(1+i)           Raise each side to the 10
 10^(.003631102)  = 1+ i
 1.008395971  = 1 + i           Subtract 1
 .008395971 = i      THAT is the MONTHLY rate     YEARLY rate would be x 12 = .10075   or   10.075% Annual