SOLUTION: the expenditure,E(t), in billions of dollars, by oil companies for new oil and natural gas projects can be approximated by the equation E(t)=7t^-7.8+82.2, where t is the number of

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Question 245361: the expenditure,E(t), in billions of dollars, by oil companies for new oil and natural gas projects can be approximated by the equation E(t)=7t^-7.8+82.2, where t is the number of years since 2001.
A) find the expenditure of oil companies for new oil and gas projects in 2004?
B)if this trend continues, in what year will the expenditure be $579 billion?

Answer by sanjay_sp008(2)   (Show Source): You can put this solution on YOUR website!

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