Question

Find the persent wroth of Rs 2028, 2 years hence at 4% per annum, compounded yearly.​

Answer 1

Answer:

Rs. 1875

Step-by-step explanation:

Given, P = Rs. 2028, T = 2 years & R = 4%

Present worth = P/(1+R/100)T

Present worth = Rs. 2028/(1+4/100)²

= Rs. (2028 x 25/26 x 25/26)

= Rs. 1875

I hope this will be help you.

Answer 2

Answer:

• Rs. 1875

I hope this will be help you.