A large pharmaceutical company uses the function f(x)=1.438x−2908 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 2025.

Question

A large pharmaceutical company uses the function f(x)=1.438x−2908 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 2025.

GPT 3.5 · Answer

To predict the amount of money the pharmaceutical company will spend in 2025, we need to substitute x = 2025 into the function f(x) = 1.438x - 2908.

f(2025) = 1.438(2025) - 2908
f(2025) = 2910.75 - 2908
f(2025) = 2.75

Therefore, the company is predicted to spend 2.75 billion dollars on research and development in 2025.

A large pharmaceutical company uses the function f(x)=1.438x−2908 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 2025.

A large pharmaceutical company uses the function f(x)=1.438x−2908 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 2025.