The present worth of Rs.845 due in 2 years at 4% per annum compound interest is  Choose the correct choice from the following choices:
A) Rs.150.50	B) Rs.154.75	C) Rs.781.25	D) Rs.158	E) None
Solution   Present Worth	= Rs.[845/(1+4/100)²]   = Rs.(845x25/26x25/26)   = Rs.781.25   Answer Rs.781.25
<result>C</result>
The present worth of Rs.845 due in 2 years at 4% per annum compound interest is