Using production and geological data, the management of an oil company estimates that oil will be pumped

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Using production and geological data, the management of an oil company estimates that oil will be pumped from a producing field at a rate given by

where R(t) is the rate of production (in thousands of barrels per year) t years after pumping begins. Approximately how many barrels of oil will the field produce during the first 10 years of production? From the end of the 10th year to the end of the 20th year of production?

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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