Question: CHC Math 30-2 Book 2 Exponential Functions Page 49 10. The output of an oil well in Saskatchewan is initially 3000 barrels per week. Each

 CHC Math 30-2 Book 2 Exponential Functions Page 49 10. The

CHC Math 30-2 Book 2 Exponential Functions Page 49 10. The output of an oil well in Saskatchewan is initially 3000 barrels per week. Each week that the well operates, its output decreases by 10%. a) Determine the equation of the exponential function that models the output of the well. b) Assuming the same decrease in output, how much oil, to the nearest barrel, will be extracted from the well at the end of 20 weeks of operation? c) The oil company will close the well when its output drops to less than five barrels per week. Assuming the same decrease in output, when will the well be closed, to the nearest tenth of a week

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!