What is the present worth of a bill of Rs.1764 due 2 years hence at 5% – McqOptions

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1.	What is the present worth of a bill of Rs.1764 due 2 years hence at 5% compound interest is
A.	Rs. 1600
B.	Rs. 1200
C.	Rs. 1800
D.	Rs. 1400
Answer» B. Rs. 1200

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