the present worth of rs. 1014 due in 2 years at 4 % per annum compound interest is
Choose the correct choice from the following choices.
A) rs . 150.50  B) rs . 937.5  C) rs . 156.25  D) rs . 158  E) none
<gadget id="calculator">4 / 100</gadget>
<output>1/25 = around 0.04</output>

<gadget id="calculator">(1/25) + 1</gadget>
<output>26/25 = around 1.04</output>

<gadget id="calculator">(26/25) ** 2</gadget>
<output>676/625 = around 1.0816</output>

<gadget id="calculator">1_014 / (676/625)</gadget>
<output>1_875/2 = around 937.5</output>

<result>B</result>
the present worth of rs. 1014 due in 2 years at 4 % per annum compound interest is
divide(1014, power(add(divide(4, const_100), const_1), 2))
"solution present worth = rs . [ 1014 / ( 1 + 4 / 100 ) ² ] = rs . ( 1014 x 25 / 26 x 25 / 26 ) = rs . 937.5 answer b"