The present worth of Rs.1183 due in 2 years at 4% per annum compound interest is  Choices:	A) rs . 150.50	B) rs . 154.75	C) rs . 156.25	D) rs . 1093.75	E) none

Rationale: "solution present worth = rs . [ 1183 / ( 1 + 4 / 100 ) ² ] = rs . ( 1183 x 25 / 26 x 25 / 26 ) = rs . 1093.75 answer d"
Answer: D