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 $=3,000$