math!
posted by Anonymous .
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?
Respond to this Question
Similar Questions

MATH!!!
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? 
math
1.A ball is dropped from a height of 2.0, to a floor. After each bounce, the ball rises to 63% of its previous height What is the total vertical distance the ball has travelled after 5 bounces? 
macroeconomics
Suppose that France and Denmark both produce oil and olives. Frances’s opportunity cost of producing a crate of olives is 4 barrels of oil, while Denmark’s opportunity cost of producing a crate of olives is 7 barrels of oil. By … 
Vba
I'm trying to write a sub that asks how much oil I made, and then gives me number of barrels needed to hold oil, cost of producing oil, and profit from oil. This is what I have so far, I'm not sure what to do. Sub Oil() Dim barrels … 
Math
Based on a preliminary report by a geological survey team, it is estimated that a newly discovered oil field can be expected to produce oil at the rate of R(t) = 300t^2/(t^3 + 32)+5 (0 ≤ t ≤ 20) thousand barrels/year, t … 
Math
An oil company owns two refineries. The daily production limits and operating costs for each refinery are given in the table below. An order is received for 1540 barrels of highgrade oil, 1650 barrels of mediumgrade oil, and 2860 … 
Math
A new oil field has just begun production. The first oil removed is the easiest to get out, and so production falls as time goes on. The instantaneous rate at which oil can be extracted is 14% of the amount of oil remaining per year. … 
Math
A new oil field has just begun production. The first oil removed is the easiest to get out, and so production falls as time goes on. The instantaneous rate at which oil can be extracted is 14% of the amount of oil remaining per year. … 
Math
A new oil field has just begun production. The first oil removed is the easiest to get out, and so production falls as time goes on. The instantaneous rate at which oil can be extracted is 6% of the amount of oil remaining per year. … 
math
An oil company operates two Southern refineries. The Alabama facility produces 500 barrels of highgrade oil and 200 barrels of mediumgrade oil per day. The Texas facility produces 600 barrels of highgrade and 400 barrels of mediumgrade …