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OpenStax, Algebra and Trigonometry 2e §4.2 Modeling with Linear Functions · Exercise 56 · Algebra · Graphs

Modeling with Linear Functions · Exercise 56

Suppose the world’s oil reserves in 2014 are 1,820 billion barrels. If, on average, the total reserves are decreasing by 25 billion barrels of oil each year:

ⓐ Give a linear equation for the remaining oil reserves, in terms of the number of years since now.
ⓑ Seven years from now, what will the oil reserves be?
ⓒ If the rate at which the reserves are decreasing is constant, when will the world’s oil reserves be depleted?

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OpenStax, Algebra and Trigonometry 2e · §4.2 Modeling with Linear Functions · Exercise 56

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