Homework Help: math!

Posted by Anonymous on Thursday, October 19, 2006 at 11:28am.

an oil well produceds 2500 barrels of oil during its firt month of production. The oil company predicts its production will drop 5% each month thereafter. how many barrels of iol will this company produce in its first yeear?

what formula would I use and I how I do this question?

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