The population of a town is 8600 and is growing 3% a year. What will the population be after 3 years

Multiply 8600 by. 03 and add the number to 8600, do this 3 times and you will get the final population after 3 years

The formula for this question is P (n) = P * (1+r) ^n

So the initial population is 8600 or P, and n can be the number of years. r is the rate it grows, 3% or 0.03.

Plug in these values

P = 8600

r = 0.03

n = 3

into P (n) = P * (1+r) ^n