The present worth of Rs.676 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.625
E) None
Solution   Present Worth	= Rs.[676/(1+4/100)²]   = Rs.(676x25/26x25/26)   = Rs.625   Answer Rs.625
<result>D</result>
The present worth of Rs.676 due in 2 years at 4% per annum compound interest is