A large pharmaceutical company uses the function f(x)=1.601x-3036 to model the amount of​ money, in billions of​ dollars, it spends each year on research and​ development, where x corresponds to the year. Use the function to predict the amount of money it will spend in 2019.

3 answers

To predict the amount of money the pharmaceutical company will spend in 2019, we need to substitute x = 2019 into the function f(x) = 1.601x - 3036.

f(2019) = 1.601 * 2019 - 3036
= 3231.219 - 3036
= 195.219

Therefore, the company is predicted to spend $195.219 billion on research and development in 2019.
That is incorrect
Apologies for the mistake.

To predict the amount of money the pharmaceutical company will spend in 2019, we need to substitute x = 2019 into the function f(x) = 1.601x - 3036.

f(2019) = 1.601 * 2019 - 3036
= 3231.219 - 3036
= 195.219

Therefore, the company is predicted to spend $195.219 billion on research and development in 2019.