A population of Beatles increases by 5% every year if at the start of the year the population is at 10,000 Beatles what will its population be after three years at the end of the third year the population of Beatles will be blank

Answer:
[tex]\boxed{11 576}[/tex]
Explanation:
Your first problem is to figure out the formula to use.
You have an initial population P₀ = 10 000.
The population P increases by 5 %, that is, by a factor of 1.05.
Each year, you multiply the population of the previous year by 1.05.
This gives you a geometric series, for which the general formula is
P = P₀rⁿ
P₀ = 10 000
r = 1.05, the common ratio from one year to the next
n = the number of years from now
The formula for your population is then
P = 10 000(1.05)ⁿ
If n = 3
P = 10 000(1.05)³ = 10 000 × 1.1576 = 11 576
[tex]\text{At the end of the third year the population of beetles will be $\boxed{\textbf{11 576}}$}[/tex]