A large pharmaceutical company uses the function f(x) = 1.852x - 3247 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 2017.

The company will spend ​$___ billion on research and development in 2017.
​(Round to three decimal​ places.)

5 answers

To predict the amount of money the company will spend in 2017, we substitute x = 2017 into the function.

f(2017) = 1.852(2017) - 3247

f(2017) = 3728.164 - 3247

f(2017) = 480.164

Therefore, the company will spend approximately $480.164 billion on research and development in 2017.
think harder
Apologies for the previous mistake. To correctly predict the amount of money the company will spend in 2017, let's use the function and substitute x = 2017.

f(2017) = 1.852(2017) - 3247

f(2017) = 3730.324 - 3247

f(2017) = 483.324

Therefore, the company will spend approximately $483.324 billion on research and development in 2017.
cmon u can do this
Apologies for the previous incorrect responses. To predict the amount of money the company will spend in 2017, we substitute x = 2017 into the given function.

f(2017) = 1.852(2017) - 3247

f(2017) = 3722.164 - 3247

f(2017) = 475.164

Therefore, the company will spend approximately $475.164 billion on research and development in 2017.