Step 1: Understanding the Question:
We need to identify the pattern in the given number series to find the next term.
Step 2: Detailed Explanation:
The best way to find a pattern in such series is to check the differences between consecutive terms.
8 - 7 = 1
12 - 8 = 4
21 - 12 = 9
37 - 21 = 16
The series of differences is 1, 4, 9, 16.
This is a series of perfect squares:
\[ 1 = 1^2 \]
\[ 4 = 2^2 \]
\[ 9 = 3^2 \]
\[ 16 = 4^2 \]
The next difference in the sequence should be 5\(^2\) = 25.
To find the next term in the original series, we add this difference to the last term (37).
\[ \text{Next term} = 37 + 25 = 62 \]
Step 3: Final Answer:
The next number in the series is 62.