Question:The present worth of Rs.`4913` due `3` years hence at years hence at `6 1/4%`per annum compound interest is :
A `Rs. 4216` B `Rs. 4096` C `Rs. 4200` D `Rs. 4168%`
+ AnswerB
+ ExplanationP.W.`= 4813/(1 + 25/(4 xx 100)^3` `= (4813 xx 16/17 xx 16/17 xx 16/17)` `= Rs. 4096`
+ Report