Final answer:
To find the sales when x=3 for the given function S(x) = $200x + $20,000, substitute 3 into the function and solve. The result is S(3) = $20,600, which means the sales in the year 2023 would be $20,600.
Step-by-step explanation:
The sales of the company are represented by the function S(x) = $200x + $20,000, where x is the number of years since 2020. To find S when x = 3, we simply substitute 3 into the function:
S(3) = $200(3) + $20,000
Now, calculate the expression:
S(3) = $600 + $20,000
S(3) = $20,600
Therefore, the sales when x = 3 (which corresponds to the year 2023) would be $20,600.