In the interactive figure, you can change the starting balance in cell B2 in the spreadsheet. You can also change the interest rate in cell C2 (assumed to be compounded yearly). Is the growth of the amount of money in the account best modeled by a linear function, a quadratic function, or an exponential function?Use the checkboxes in the lower right corner to explore and compare the different models of growth.

[list][*]What interest rate should you use to double your money in 12 years?[br][/*][*]Which model - exponential, linear, or quadratic - seems to fit the data the least?[br][/*][*]Which model - exponential, linear, or quadratic - seems to fit the data the best?[/*][/list]