Problem

Petroleum Imports The U.S. Energy Information Administration projected that imports...

Petroleum Imports The U.S. Energy Information Administration projected that imports of petroleum products in 2005 would be 4.81 quadrillion Btu and would increase by 5.47% each year through 2020.

(Source: Annual Energy Outlook 2001, Energy Information Administration)

a. Find a model for projected petroleum product imports between 2005 and 2020.

b. According to the model, when will imports exceed 10 quadrillion Btu?

c. Describe the end behavior of the model as time increases.

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Solutions For Problems in Chapter 1.5