The present worth of $169 due in 2 years at 4% per annum compound interest is?	Choose the correct choice from the following choices:
A) $145.89
B) $138.62
C) $156.25
D) $160.23
E) $158.95
Present worth = 169/ (1 + 4/100)^2 = 169 * 25/26 * 25/26= 
<gadget id="calculator">169 * 25/26 * 25/26</gadget>
<output>625/4 = around 156.25</output>
$156.25   Answer is $156.25
<result>C</result>
The present worth of $169 due in 2 years at 4% per annum compound interest is?