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Discuss the first year production of oil

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Reference no: EM131564604

Question: Solve the given problems by use of an appropriate sequence or expansion. All numbers are accurate to at least two significant digits.

Oil pumped from a certain oil field decreases 10% each year. How long will it take for production to be 10% of the first year's production?

Reference no: EM131564604

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Discuss the first year production of oil : Oil pumped from a certain oil field decreases 10% each year. How long will it take for production to be 10% of the first year's production?
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