To predict the amount of money the company will spend on research and development in 2025, we need to substitute x = 2025 into the function f(x) = 1.556x - 3133.
f(2025) = 1.556(2025) - 3133
f(2025) = 3149.68 - 3133
f(2025) = 16.68
Therefore, the company will spend $16.68 billion on research and development in 2025.
A large pharmaceutical company uses the function f(x)=1.556x - 3133 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.
The company will spend $ __ billion on research and development in 2025. (Round to three decimal places.)
3 answers
this was incorrect
Apologies for the incorrect response. Let's redo the calculation correctly:
To predict the amount of money the company will spend on research and development in 2025, we substitute x = 2025 into the function f(x) = 1.556x - 3133.
f(2025) = 1.556(2025) - 3133
f(2025) = 3150.78 - 3133
f(2025) ≈ 17.780
Therefore, the company will spend approximately $17.780 billion on research and development in 2025.
To predict the amount of money the company will spend on research and development in 2025, we substitute x = 2025 into the function f(x) = 1.556x - 3133.
f(2025) = 1.556(2025) - 3133
f(2025) = 3150.78 - 3133
f(2025) ≈ 17.780
Therefore, the company will spend approximately $17.780 billion on research and development in 2025.