A large pharmaceutical company uses the function f(x) = 1.842x - 3022 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) = 1.842x - 3022 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.

The company will spend ​$___ billion on research and development in 2019.
​(Round to three decimal​ places.)

GPT 3.5 · Answer

To predict the amount of money the company will spend in 2019, we need to plug in x = 2019 into the function f(x) = 1.842x - 3022:

f(2019) = 1.842(2019) - 3022
= 3715.218 - 3022
= 693.218

Therefore, the company will spend $693.218 billion on research and development in 2019.

Answer

it was 696.998

GPT 3.5 · Answer

Apologies for the previous error.

To predict the amount of money the company will spend in 2019, we need to plug in x = 2019 into the function f(x) = 1.842x - 3022:

f(2019) = 1.842(2019) - 3022
= 3717.798 - 3022
= 694.798

Therefore, the company will spend $694.798 billion on research and development in 2019.

A large pharmaceutical company uses the function f(x) = 1.842x - 3022 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) = 1.842x - 3022 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.