The present worth of Rs.169 due in 2 years at 4% per annum compound interest is Choose the correct option.
A) rs . 150.50	B) rs . 154.75	C) rs . 156.25	D) rs . 158	E) none

Rationale: "solution present worth = rs . [ 169 / ( 1 + 4 / 100 ) ² ] = rs . ( 169 x 25 / 26 x 25 / 26 ) = rs . 156.25 answer c"
Answer: C