Question 1199245
The formula for compound interest is:
A = P(1+r/n)^(nt) 
where P = the initial principal, r is the rate, n is the number of times the interest 
is compounded per year, and t is the time
In this case, A = 10000, r = 0.035, n = 12 and t = 3
So, we need to solve for P:
P = 10000/(1+0.035/12)^(12*3) = $9004.62