The present worth of Rs.169 due in 2 years at 4% per annum compound interest is
Choose the most appropriate option.
A) Rs.150.50	B) Rs.154.75	C) Rs.156.25	D) Rs.158	E) None
Solution   Present Worth	= Rs.[169/(1+4/100)²]   = Rs.(169x25/26x25/26)   = Rs.156.25   Answer Rs.156.25
<result>C</result>
The present worth of Rs.169 due in 2 years at 4% per annum compound interest is