A large pharmaceutical company uses the function f(x)=1.696x-3102 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.

Question

A large pharmaceutical company uses the function f(x)=1.696x-3102 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.

GPT 3.5 · Answer

To predict the amount of money the pharmaceutical company will spend in 2019, we need to substitute x = 2019 into the function f(x) = 1.696x - 3102.

f(2019) = 1.696 * 2019 - 3102 = 3421.724 - 3102 = 319.724

Therefore, the company is predicted to spend approximately $319.724 billion in 2019.

A large pharmaceutical company uses the function f(x)=1.696x-3102 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.

A large pharmaceutical company uses the function f(x)=1.696x-3102 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.