An oil company bores a hole 100m deep. Estimate the cost of boring if the cost is £40 for the first metre with an increase in cost of £5 a metre for each succeeding metre.

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 17TI: A pitcher of water at 40 degrees Fahrenheit is placed into a 70 degree room. One hour later, the...
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  • An oil company bores a hole 100m deep. Estimate the cost of boring if the cost is £40 for the first metre with an increase in cost of £5 a metre for each succeeding metre.
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