[Solved] Business. According to data from the World Intellectual Property Organization, the number of patent applications filed worldwide (in millions)


Question: Business. According to data from the World Intellectual Property Organization, the number of patent applications filed worldwide (in millions) during the \(1990 \mathrm{~s}\) is approximated by

\[f(x)=1.2174 e^{.1885 x}\]

where \(x=0\) corresponds to 1990

  1. How many patent applications had been filled by 1995 and by 2000?
  2. If this nodel remains accurate, when will the numbeı of patent applications reach 18 million?

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