The present worth of Rs.845 due in 2 years at 4% per annum compound interest is	Choose the correct answer:	A) rs . 150.50	B) rs . 154.75	C) rs . 781.25	D) rs . 158	E) none

Rationale: "solution present worth = rs . [ 845 / ( 1 + 4 / 100 ) ² ] = rs . ( 845 x 25 / 26 x 25 / 26 ) = rs . 781.25 answer c"
Answer: C