Answer
$8796$
Work Step by Step
$y=C(1+r)^x$
$C=29; r=0.61; x=12$
$y=29(1+0.61)^{12}$
$y=29(1.61)^{12}$
$y\approx8796$
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.