The present worth of $169 due in 2 years at 4% per annum compound interest is?	Choose the correct answer:
A) $ 145.89
B) $ 138.62
C) $ 156.25
D) $ 160.23
E) $ 158.95

Rationale: "present worth = 169 / ( 1 + 4 / 100 ) ^ 2 = 169 * 25 / 26 * 25 / 26 = $ 156.25 answer is c"
Answer: C