A friend of mine asked for my help with her homework but it's been so long since last time I solved problems like that I'm not sure if what I did was right.
in before you ask me to post what I've done, that won't be possible as I can't take a picture of it right now and don't have the right software to write equations so it would look a mess.
Here are the questions:
It is estimated that at the current rate of consumption, r gallons per year, the oil supply of the earth will last 200 years. However, the rate of consumption, R(t) is increasing at the rate of 5% per year; that is dR/dt=.05R
a) In terms of r, how many gallons of oil are currently available?
b) Use the given differential equation to find R(t)
c) If no additional oil is discovered, how long, to the nearest year, will the current oil supply actually last?