Personal Banking—Compound Interest: Suppose that Frederick deposits S5000 at a 6.2% interest rate compounded monthly.
(a) Write the compound interest function A for the given information.
(b) Graph A in the viewing window [0, 15] by [5000, 15,000].
(c) Use your calculator to graphically find the doubling time of the account (that is, the amount of time that it takes the account to accumulate a total balance of $10,000).
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