Richter scale equation
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Please show each step:
1. Using compound interest formula:
A=P(1+i)^n
investment of $5000
Earns 6% annual interest compounded monthly
how many years would it take for the investment be worth $15,000?
2. Using Richter scale equation M=log I/Io
Earthquake has an intensity of I=6,309,573 Io
Find the Richter scale magnitude of the earthquake, rounded to nearest tenth.
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Solution Summary
Richter scale equation is applied.
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1. Using compound interest formula:
A=P(1+i)^n
investment of $5000
Earns 6% annual interest compounded monthly
how many years would it take for the investment be ...
Purchase this Solution
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