21ST CENTURY TRUST SERIES 7
24F-2NT, 1998-03-31
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VAN KAMPEN AMERICAN CAPITAL
24F-2 REPORT
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2



1.    Name and address of issuer:

      21st Century, Series 7
      One Parkview Plaza
      Oakbrook Terrace, Illinois  60181

2. The name of each series or class of securities for which this form is filed:

      21st Century, Series 7

3.    Investment company act file number:  811-6451  Securities act file number:
      33-53998

4(a). Last day of fiscal year for which this form is filed: DECEMBER 31, 1997

4(b). [ ]   Check box if this form is being filed late.

     4(c). [x] Check box if this is the last time the issuer will be filing this
          Form.

5. Calculation of registration fee:

      (i)   Aggregate sale price of securities sold during the fiscal year
            pursuant to section 24(f):                                  $277,200

      (ii)  Aggregate price of securities redeemed or repurchased during the
            fiscal year:                                              $1,351,404

      (iii) Aggregate  price of securities  redeemed or  repurchased  during any
            prior  fiscal year ending no earlier than October 11, 1995 that were
            not previously  used to reduce  registration  fees payable to to the
            Commission: $0

      (iv)  Total available redemption credits [add items 5(ii) and 5
            (iii)]:                                                   $1,351,404

      (v)   Net sales - if item 5(i) is greater than item 5(iv)  [subtract  item
            5(iv) from item 5(I)]: $0

      (vi)  Redemption  credits available for use in future years - if item 5(I)
            is less than item 5(iv) subtract item 5(iv) from item 5(I)]: $0

      (vii) Multiplier for determining  registration fee (See (instruction
            C.9):                                                    x 0.0002950

      (viii)Registration  fee due [multiple  item 5(v)] by item 5(vii)] (enter 0
            if no fee is due): $0

6.      Prepaid Shares

      If the  response to item 5(I) was  determined  by  deducting  an amount of
      securities that were registered  under the Securities Act of 1933 pursuant
      to rule 24e-2 as in effect  before  (effective  date of rescission of rule
      243-e),  then report the amount of  securities  (number of shares or other
      units deducted here: 0

      If  there is a number  of  shares  or other  units  that  were  registered
      pursuant to rule 24e-2 remaining  unsold at the end of the fiscal year for
      which  this  form is filed  that are  available  for use by the  issuer in
      future fiscal years, then state that number here: 0

7.    Interest due - if this form is being filed more than 90 days after the
      end of the issuers fiscal year (see instruction D):                     $0

8.    Total of the  amount of the  registration  fee due plus any  interest  due
      [line 5(viii) plus line 7]: $0

9.    Date  the  registration  fee  and any  interest  payment  was  sent to the
      Commissions lockbox depository:

      [ ]       Wire Transfer
      [ ]       Mail or other means




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