A study shows that if the government implemented energy conservation measures in 2009, the country's oil consumption in the next 5 years is expected to grow in accordance with the model R(t) = 20e0.054 where t is measured in years (t = 0 corresponding to the year 2009) and R(t) in millions of barrels per year. Without the measures, the expected rate of growth of oil consumption would be given by R (t) = 20e0.08e millions barrels per year. Determine how much oil would have been saved from 2009 to 2014 if the measures have been implemented.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A study shows that if the government implemented energy conservation measures in 2009, the country's oil consumption in the next 5
years is expected to grow in accordance with the model
R(t) = 20e0.05t
where t is measured in years (t = 0 corresponding to the year 2009) and R(t) in millions of barrels per year. Without the measures, the
expected rate of growth of oil consumption would be given by
R(t) = 20e0.08e
millions barrels per year. Determine how much oil would have been saved from 2009 to 2014 if the measures have been implemented.
Transcribed Image Text:A study shows that if the government implemented energy conservation measures in 2009, the country's oil consumption in the next 5 years is expected to grow in accordance with the model R(t) = 20e0.05t where t is measured in years (t = 0 corresponding to the year 2009) and R(t) in millions of barrels per year. Without the measures, the expected rate of growth of oil consumption would be given by R(t) = 20e0.08e millions barrels per year. Determine how much oil would have been saved from 2009 to 2014 if the measures have been implemented.
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