## Math Problem Statement

The annual amount of crude-oil production in a country (in millions of barrels) can be approximated by the function f(t)equals1721 left parenthesis 1.058 right parenthesis Superscript t, where tequals8 corresponds to the year 2008. (a) Find the amount of production in 2018. (b) If the trend continues, find the amount of production in 2027. Question content area bottom Part 1 (a) The amount of production in 2018 was enter your response here million barrels. (Round to the nearest whole number as needed.)

## Solution

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## Math Problem Analysis

### Mathematical Concepts

Exponential Growth

Function Evaluation

### Formulas

Exponential growth formula f(t) = A * (1 + r)^t

### Theorems

Exponential Function Properties

### Suitable Grade Level

Grades 9-12

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