Find the present worth (P.W.) and the true discount reckoning 6 % per annum simple interest of $ 176 due in 20 months time.

Find the present worth (P.W.) and the true discount reckoning 6 % per

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

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Find the present worth (P.W.) and the true discount reckoning 6 % per annum simple interest of $ 176 due in 20 months time.

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