A client needs to save $10500 dollars in 7 years. If they invest at $LaTeX: \displaystyle 2.0$ % compounded monthly, how much do they need to invest today?

Using the forumla for present value $LaTeX: \displaystyle PV = \frac{10500}{ (1 + (0.020/12))^{84} } = 9129.33$ dollars.