In the first year, Bobby will acquire 16 * .5 = <<16*.5=8>>8 new cars.

After the first year, he will have a total of 16 + 8 = <<16+8=24>>24 cars.

In the second year, Bobby will acquire 24 * .5 = <<24*.5=12>>12 new cars.

After the second year, he will have 24 + 12 = <<24+12=36>>36 cars in total.

In the third year, Bobby will acquire 36 * .5 = <<36*.5=18>>18 new cars.

After the third year, he will have 36 + 18 = <<36+18=54>>54 cars in total.

# Answer

54
<|im_start|>system
You are a helpful assistant.<|im_end|>
<|im_start|>user
Bobby has 16 toy cars, and the number of cars he has increases by 50% every year. How many toy cars will Bobby have in three years?
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

user
54
Bobby has 16 toy cars, and the number of cars he has increases by 50% every year. How many toy cars will Bobby have in three years?
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