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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.

Thank you!

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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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