World oil consumption can be estimated to be approximately 74.845 million barrels per day in 1998 and to be increasing at approximately 0.3 percent per year. Let be the daily world oil consumption (in millions of barrels per day) years after 1998.

A. Find a formula for : =

B. Find : =
(Be sure that you can interpret what this difference means in practical terms.)

You can earn partial credit on this problem.