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A student loan you took out is due in 3 years and requires repayment of $ 3 , 0 0 0 . To pay off

A student loan you took out is due in 3 years and requires repayment of $3,000. To pay off the loan, you set aside money in an account that pays 7% interest. To meet your obligation, how much money do you need to deposit in the account?
Enter the following data into your calculator to solve the problem:
N =3
I/YR =7
PMT =0
FV =3,000
Solve for PV =

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