document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1052056>Question 1052056</A>: <I><SPAN STYLE=\"word-break: break-all;\"> $7,000 dollars 10 years from now at 7% is worth how much today? <BR>\n" );
document.write( "Answer = 3558 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #667472 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=667472\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I assume you mean 7% per year?<BR>\n" );
document.write( "If so, the formula is <BR>\n" );
document.write( "PV = (C_1)/(1+r^t)<BR>\n" );
document.write( "PV = 7,000/(1+0.07^10) Use your calculator to get the answer<BR>\n" );
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