You have saved up a significant amount of money to buy some clothes now and to travel when the COVID-19 pandemic is over in one year's time. You wish to put some of that money into an interest-bearing account for one year. If you need $3,000 in one year's time for the travel, and the bank is offering you 5% per year on your savings, how much money must you deposit now to achieve your target, without going over your target?