Question

We had 1000 goats at the beginning of year 2001 and the number of goats each year increases by 10% by giving birth. At the end of each year we double the number of goats by purchasing the same number of goats as there is the number of goats with us at the time. What is the number of goats at the beginning of 2004?

Answer 1

10648 at the beginning of the year 2004