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- The present worth of Rs.169 due in 2 years at 4% per annum compound interest is
Question 1:
The present worth of Rs.169 due in 2 years at 4% per annum compound interest is A. Rs 155.25
B. Rs 156.25
Feedback In this type of question we apply formula
Amount=P/(1+R/100)^n
Amount=169(1+4/100)^2
Amount=156.25
Amount=P/(1+R/100)^n
Amount=169(1+4/100)^2
Amount=156.25
C. Rs 157.25
D. Rs 158.25
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