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An oil-extarcting vompany expects to produce 1000 barrels of oil a day over thr next 5years. If thr oilx pricr remain at $80 per barrel

An oil-extarcting vompany expects to produce 1000 barrels of oil a day over thr next 5years. If thr oilx pricr remain at $80 per barrel for the duration of the project. What will be the company accumulated total revenue at the end of of thr fifth year under 5% annual interest?

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To calculate the accumulated total revenue at the end of the fifth year we first need to calculate the total revenue generated each year and then find ... blur-text-image

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