Find the present worth of a bill of Rs. 2420 due 2 years later at 10% – McqOptions

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1.	Find the present worth of a bill of Rs. 2420 due 2 years later at 10% compound interest. Also find the true discount ?
A.	Rs. 2000, Rs. 420
B.	Rs. 2200, Rs. 520
C.	Rs. 2100, Rs. 460
D.	None of these
Answer» B. Rs. 2200, Rs. 520

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