Leroy Diaz plans to invest some money today so that he will receive $8,000 in three years. If the investment he is considering will pay 3.85 percent compounded daily, how much will he have to invest today?

Leroy Diaz plans to invest some money today so that he will receive $8,000 in three years. If the investment he is considering will pay 3.85 percent compounded daily, how much will he have to invest today?