To predict the amount of money the pharmaceutical company will spend in 2013, we need to substitute x = 2013 into the given function.
f(2013) = 1.585(2013) - 3031
Simplifying:
f(2013) = 3172.005 - 3031
f(2013) = 141.005
Therefore, the pharmaceutical company is predicted to spend approximately $141.005 billion in 2013.
A large pharmaceutical company uses the function f(x) = 1.585x-3031 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 2013.
3 answers
wrong its 159.605
Apologies for the mistake. Let's calculate it again.
Using the function, f(x) = 1.585x - 3031, we can substitute x = 2013 to find the predicted amount of money the pharmaceutical company will spend in that year.
f(2013) = 1.585(2013) - 3031
f(2013) = 3183.105 - 3031
f(2013) = 152.105
Therefore, the pharmaceutical company is predicted to spend approximately $152.105 billion in 2013.
Using the function, f(x) = 1.585x - 3031, we can substitute x = 2013 to find the predicted amount of money the pharmaceutical company will spend in that year.
f(2013) = 1.585(2013) - 3031
f(2013) = 3183.105 - 3031
f(2013) = 152.105
Therefore, the pharmaceutical company is predicted to spend approximately $152.105 billion in 2013.
1 answer