Answer: 21,362 people
Explanation:
The current population is 20,600 people and this population is to increase by 3.7% per year.
The population of the town in one year can be calculated by:
= Population * (1 + growth rate)^no. of years
= 20,600 * ( 1 + 3.7%)¹
= 21,362.2
= 21,362 people