The formula to use here is A=P(1+r/n)^(nt)
A is the current value, p is the principal or starting amount, r is the interest rate, n is how many times per year compounded, and t is the time
Plug your values in.
A=45000(1+.035/12)^(12*3) => A=45000(1.029166667)^36
Final answer:
About $126,677 at present.
Hope I could help :)
