In the Cerner a magnitude 7.9 earthquake struck California. In another year a magnitude 5.9 quick struck Kansas How many times a
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Total = Principal × ( 1 + Rate ) ^ years
(Solved by taking logarithms)
Years = log (total / principal) / (log (1 + rate))
Years = log (684 / 600) / (log 1.07)
Years = log (1.14) / (log (1.07)
Years = 0.0569048513364726 / 0.0293837776852097
Years = 1.9366077414
