AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 5 Topic 1 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 5 Topic 1 Discussion

CWM_LEVEL_2 Exam Topic 1 Question 5 Discussion:
Question #: 5
Topic #: 1

Section B (2 Mark)

How much should one deposit today in a bank account paying interest compounded quarterly if you wish to have Rs. 10000 at the end of 3 months, if the bank pays 5% annually?


A.

9524


B.

9877


C.

9788


D.

9867


Get Premium CWM_LEVEL_2 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.