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.† According to the unrounded model, when will imports exceed 10 quadrillion Btu? (Round your answer for t to two decimal places.) Imports will exceed 10 quadrillion Btu in t = ____  years which will occur in the year ___

College Algebra (MindTap Course List)
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ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
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Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
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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.†

According to the unrounded model, when will imports exceed 10 quadrillion Btu? (Round your answer for t to two decimal places.)

Imports will exceed 10 quadrillion Btu in t = ____  years which will occur in the year ____

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