Answer:
6216
Step-by-step explanation:
This problem deals with exponential growth.
Final value: F
Present (initial) value: P
Rate of growth: r
Time in years = t
[tex] F = P(1 + r)^t [/tex]
[tex] F = 2900(1 + 0.1)^8 [/tex]
[tex] F = 6216 [/tex]
Answer: 6216