What is the present worth of a bill of Rs. 1764 due 2 years hence at 5% compound interest is Options: A . &nbspRs. 1600 B . &nbspRs. 1200 C . &nbspRs. 1800 D . &nbspRs. 1400

What is the present worth of a bill of Rs. 1764 due 2 years hence at 5% compound

Question

What is the present worth of a bill of Rs. 1764 due 2 years hence at 5% compound interest is

Options:

A . Rs. 1600

B . Rs. 1200

C . Rs. 1800

D . Rs. 1400

Answer: Option A

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