AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 139 Topic 14 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 139 Topic 14 Discussion

CWM_LEVEL_2 Exam Topic 14 Question 139 Discussion:
Question #: 139
Topic #: 14

Section B (2 Mark)

What is the monthly payment size of a 23-year mortgage for Rs165 600 and an interest rate of 5.25% compounded semi-annually?


A.

Rs 1029.20


B.

Rs1024.77


C.

Rs986.84


D.

Rs 1034.60


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