To predict the amount of money the pharmaceutical company will spend in 2023, we need to substitute x = 2023 into the given function f(x) = 1.487x - 2919.
f(2023) = 1.487(2023) - 2919
= 3010.301 - 2919
= 91.301
Therefore, the pharmaceutical company is predicted to spend approximately $91.301 billion on research and development in 2023.
A large pharmaceutical company uses the function f(x)=1.487x-2919 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 2023
1 answer
1 answer