The banker s gain on a certain sum due in 2 years at 5 % per annum is $ 8. The present worth is :

The banker s gain on a certain sum due in 2 years at 5 % per annum is

1.	The banker s gain on a certain sum due in 2 years at 5 % per annum is $ 8. The present worth is :
A.	$ 800
B.	$ 1600
C.	$ 1200
D.	$ 880
Answer» B. $ 1600

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The banker s gain on a certain sum due in 2 years at 5 % per annum is $ 8. The present worth is :

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