Step 1 :Calculate the number of time periods (3-year intervals) in 45 years: \(\frac{45}{3} = 15\) time periods
Step 2 :Use the compound interest formula: Future Amount = Initial Investment * \((1 + Interest Rate)^{Time Periods}\)
Step 3 :Plug in the values: Future Amount = \(2000 * (1 + 0.26)^{15}\)
Step 4 :Calculate the future amount: Future Amount = \(2000 * (1.26)^{15}\) = 64060.182624413
Step 5 :\(\boxed{After 45 years, the investment would be worth approximately $64,060.18}\)