Solve: log(2x — 4) — log(x + 2) = 1 C. 3 D. -3 E. No solution When interest is compounded n times a year, the accumulated amount (A) after t years is given by the formula where P is the initial principal and r is the annual rate of interest. Approxintately how long will it take $2,000 to double at an annual interest rate of 5.25% compounded monthly?
A. 13.98 years
B. 13.71 years
C. 13.23 years
D. 13.08 years