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Oil Production The production of an oil well has decreased
Chapter , Problem 120A(choose chapter or problem)
Oil Production The production of an oil well has decreased exponentially from 128,000 barrels per year 5 years ago to 100,000 barrels per year at present.a. Letting t = 0 represent the present time, write an exponential equation for production y in terms of time t in years.________________b. Find the time it will take for production to fall to 70,000 barrels per year.
Questions & Answers
QUESTION:
Oil Production The production of an oil well has decreased exponentially from 128,000 barrels per year 5 years ago to 100,000 barrels per year at present.a. Letting t = 0 represent the present time, write an exponential equation for production y in terms of time t in years.________________b. Find the time it will take for production to fall to 70,000 barrels per year.
ANSWER:SolutionStep 1 of 3In this problem, we have to write the exponential equation for production of the oil y in terms of time in t years.