A large pharmaceutical company uses the function f(x)=1.519x-2969 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 2014.

To predict the amount of money the pharmaceutical company will spend in 2014, we need to substitute x = 2014 into the function f(x) = 1.519x - 2969.

f(2014) = 1.519 * 2014 - 2969
= 3060.666 - 2969
= 91.666

Therefore, the company is predicted to spend approximately $91.67 billion in 2014.