From 1971-1995 avg # transistors modeled by n=2300(1.07)^t, where t is # of years since 1971.

Estimate # of transistors in 1998 (round to nearest integer)
Does anyone know how to set up this equation?

To estimate the number of transistors in 1998 using the given model equation, you need to substitute the value of t = 1998 - 1971 = 27 into the equation n = 2300(1.07)^t.

Here's how you can set up the equation:
1. Start with the given model equation: n = 2300(1.07)^t.
2. Substitute t = 27 into the equation: n = 2300(1.07)^27.
3. Calculate the value of (1.07)^27 using a calculator or a computer program.
4. Multiply the obtained value by 2300 to get the estimated number of transistors in 1998.
5. Round the result to the nearest integer as requested.

So, setting up the equation looks like this:
n = 2300(1.07)^27

To actually calculate the estimate, you would need to evaluate the expression (1.07)^27 and then multiply it by 2300. Finally, round the result to the nearest integer.