14. Calculate the amount one should deposit to get a certain amount

Harish want to study at the School of Mathematics institution after four years. He need $₹$5248 money to study there. He decide to deposit some amount in the bank at an annual interest rate of 7$\%$. Now find out how much money should he deposit today if he want to use the total amount to pay the fees?

 

Harish should deposit $₹$________today to pay the fee $₹$5248.