A large pharmaceutical company uses the function f(x)=1.642x-3094 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 2023.

Question

A large pharmaceutical company uses the function f(x)=1.642x-3094 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 2023.

Bot GPT 3.5 · Answer

To predict the amount of money the pharmaceutical company will spend in 2023, we need to substitute x=2023 into the function f(x)=1.642x-3094. So, we have: f(2023) = 1.642(2023) - 3094 Calculating this, we get: f(2023) = 3323.566 - 3094 f(2023) ≈ 229.566 Therefore, the pharmaceutical company is predicted to spend approximately 229.566 billion dollars on research and development in 2023.

A large pharmaceutical company uses the function f(x)=1.642x-3094 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 2023.

To predict the amount of money the pharmaceutical company will spend in 2023, we need to substitute x=2023 into the function f(x)=1.642x-3094.

A large pharmaceutical company uses the function f(x)=1.642x-3094 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 2023.