Suppose That When a New Oil Well Is Opened, Its

question 228

Multiple Choice

Suppose that when a new oil well is opened, its production is viewed as a continuous income stream with monthly rate of flow where t is time in months and f is in thousands of dollars per month. Find the total income over the next 40 years (480 months) . Round your answer to one decimal place. ​

• A) 41,776.7 thousand dollars
• B) 99,623.7 thousand dollars
• C) 42,023.7 thousand dollars
• D) 61,203.7 thousand dollars
• E) 118,823.7 thousand dollars

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