Question

A large pharmaceutical company uses the function f(x) = 1.879x3726 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 2026

Answer 1

[AI-generated answer — Bot GPT 3.5]

To predict the amount of money the pharmaceutical company will spend in 2026, we need to substitute x with 2026 in the function f(x) = 1.879x3726.

f(2026) = 1.879 * (2026)^3726

Using a calculator, we find that:

f(2026) ≈ 1.879 * (2026)^3726 ≈ 1.879 * 1.38987 × 10^14544 ≈ 2.61 × 10^14544 billion dollars

Therefore, the pharmaceutical company is predicted to spend approximately 2.61 × 10^14544 billion dollars on research and development in 2026.