Step-by-step explanation
We need to use the Compounding Interest Equation as shown as follows:

Where P=Principal = 14,000 r=rate in decimal form = 3.4/100 = 0.034 n=number of times interest is compounded per unit 't' = 1 t= time = 2029 - 2011 = 18 years
Plugging in the terms into the expression:

Adding numbers:

Computing the power:

Multiplying numbers:

In conclusion, in the year 2029 the value will be $14,476