Question 1015079
Use the compound balance formula {{{A = P(1+r/n)^(nt)}}}
Upon substitution, we get

{{{P = A(1+r/n)^(-nt) = 7000(1+0.03/1)^(-4) = 7000*1.03^-4 = 6219.41}}}
Thus the initial investment should be $6,219.41.