Step 1 :We are given that \(\cos(A) = -\frac{21}{29}\) and that \(A\) is in the third quadrant.
Step 2 :We know that the formula for \(\cos(2A)\) is \(2\cos^2(A) - 1\).
Step 3 :Substitute \(\cos(A)\) into the formula to find \(\cos(2A)\).
Step 4 :\(\cos(2A) = 2(-\frac{21}{29})^2 - 1\)
Step 5 :Simplify to get \(\cos(2A) = \frac{41}{841}\)
Step 6 :Final Answer: \(\boxed{\frac{41}{841}}\)