Suppose that the world's current oil reserves is R = 2200 billion barrels. If, on average, the total reserves is decreasing by 21 billion barrels of oil each year, answer the following:

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### World Oil Reserves Problem

**Context:**
Suppose that the world's current oil reserves are \( R = 2200 \) billion barrels. If, on average, the total reserves are decreasing by 21 billion barrels of oil each year, answer the following:

**A.) Linear Equation for Remaining Oil Reserves:**
Give a linear equation for the total remaining oil reserves, \( R \), in billions of barrels, in terms of \( t \), the number of years since now. (Be sure to use the correct variable and Preview before you submit.)
\[ R = \: \_\_\_\_\_ \]

**B.) Oil Reserves in 12 Years:**
In 12 years from now, the total oil reserves will be \_\_\_\_\_ billions of barrels.

**C.) Total Depletion Time:**
If no other oil is deposited into the reserves, the world's oil reserves will be completely depleted (all used up) approximately \_\_\_\_\_ years from now.
(Round your answer to two decimal places.)

**Additional Resources:**
* [Video Help](#)

The given problem involves finding a linear equation to describe the depletion of the oil reserves, estimating future reserves, and calculating the time until complete depletion under the given rate of consumption.

To solve:

**1. Finding the linear equation:**

- **Given Data:**
  - Current oil reserves: \( R = 2200 \) billion barrels
  - Rate of decrease: 21 billion barrels per year
  
- **Linear Model:**
  The linear relationship can be described by:
  \[ R = 2200 - 21t \]
  where \( t \) is the number of years from now.

**2. Calculating Reserves in 12 Years:**

Plug \( t = 12 \) years into the equation found in Part A:
\[ R = 2200 - 21 \times 12 \]
\[ R = 2200 - 252 \]
\[ R = 1948 \]
So, in 12 years, the oil reserves will be 1948 billion barrels.

**3. Finding Total Depletion Time:**

Set \( R \) to zero and solve for \( t \):
\[ 0 = 2200 - 21t \]
\[ 21t = 2200 \]
\[ t \approx 104.76 \]
Hence, the reserves will be completely depleted
Transcribed Image Text:### World Oil Reserves Problem **Context:** Suppose that the world's current oil reserves are \( R = 2200 \) billion barrels. If, on average, the total reserves are decreasing by 21 billion barrels of oil each year, answer the following: **A.) Linear Equation for Remaining Oil Reserves:** Give a linear equation for the total remaining oil reserves, \( R \), in billions of barrels, in terms of \( t \), the number of years since now. (Be sure to use the correct variable and Preview before you submit.) \[ R = \: \_\_\_\_\_ \] **B.) Oil Reserves in 12 Years:** In 12 years from now, the total oil reserves will be \_\_\_\_\_ billions of barrels. **C.) Total Depletion Time:** If no other oil is deposited into the reserves, the world's oil reserves will be completely depleted (all used up) approximately \_\_\_\_\_ years from now. (Round your answer to two decimal places.) **Additional Resources:** * [Video Help](#) The given problem involves finding a linear equation to describe the depletion of the oil reserves, estimating future reserves, and calculating the time until complete depletion under the given rate of consumption. To solve: **1. Finding the linear equation:** - **Given Data:** - Current oil reserves: \( R = 2200 \) billion barrels - Rate of decrease: 21 billion barrels per year - **Linear Model:** The linear relationship can be described by: \[ R = 2200 - 21t \] where \( t \) is the number of years from now. **2. Calculating Reserves in 12 Years:** Plug \( t = 12 \) years into the equation found in Part A: \[ R = 2200 - 21 \times 12 \] \[ R = 2200 - 252 \] \[ R = 1948 \] So, in 12 years, the oil reserves will be 1948 billion barrels. **3. Finding Total Depletion Time:** Set \( R \) to zero and solve for \( t \): \[ 0 = 2200 - 21t \] \[ 21t = 2200 \] \[ t \approx 104.76 \] Hence, the reserves will be completely depleted
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