MCQOPTIONS
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| 1. |
Find the present worth (P.W.) and the true discount reckoning 6 % per annum simple interest of $ 176 due in 20 months time. |
| A. | $ 160, $ 16 |
| B. | $ 130, $ 46 |
| C. | $ 150, $ 26 |
| D. | None of these |
| Answer» B. $ 130, $ 46 | |