A large pharmaceutical company uses the function f(x) = 1.846x-3306 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 2016

Question

The company will spend ​$ billion on research and development in 2016.
  
(Round to three decimal​ places.)

Answer 1

To predict the amount of money the company will spend in 2016, we need to substitute x = 2016 into the function f(x) = 1.846x - 3306.

f(2016) = 1.846(2016) - 3306
= 3718.416 - 3306
= 412.416

Therefore, the company is predicted to spend $412.416 billion on research and development in 2016.

Answer 2

your wrong

Answer 3

Sorry for the mistake. Let's calculate it correctly:

To predict the amount of money the company will spend in 2016, we need to substitute x = 2016 into the function f(x) = 1.846x - 3306.

f(2016) = 1.846(2016) - 3306
= 3718.416 - 3306
= 412.416

Therefore, the company is predicted to spend $412.416 billion on research and development in 2016.

Answer 4

your still wrong

Answer 5

I apologize for the error. Let's recalculate:

Using the function f(x) = 1.846x - 3306, we can substitute x = 2016 to find the amount the company will spend on research and development in that year.

f(2016) = 1.846(2016) - 3306
= 3721.536 - 3306
= 415.536

Therefore, the company is predicted to spend $415.536 billion on research and development in 2016.