document.write( "Question 1052056: $7,000 dollars 10 years from now at 7% is worth how much today?
\n" ); document.write( "Answer = 3558 \n" ); document.write( "

Algebra.Com's Answer #667479 by MathTherapy(10552) $\"\"$ $\"About$

You can put this solution on YOUR website!

\n" ); document.write( "$7,000 dollars 10 years from now at 7% is worth how much today?
\n" ); document.write( "Answer = 3558
\n" ); document.write( "

Never in a million years will  give you $3,558, as one person has claimed. 
\n" );
document.write( "However, the correct equation for PV (Present Value) will give: $3,558.45, which when rounded down, gives: $3,558. \n" );
document.write( "

\n" );