(See Steps) 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 model remains accurate, when will the numbe1 of patent applications reach 18 million?

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