The present worth of $3600 due in 2 years at 20% per annum compound interest is? Choose the correct choice from the following.
A) $1200
B) $1850
C) $2010
D) $3200
E) $2500
Present worth = 3600/ (1 + 20/100)^2 = 3600 * 5/6 * 5/6= 
<gadget id="calculator">3600 * 5/6 * 5/6</gadget>
<output>2_500</output>
$2500   Answer is $2500
<result>E</result>
The present worth of $3600 due in 2 years at 20% per annum compound interest is?