AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 194 Topic 20 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 194 Topic 20 Discussion

CWM_LEVEL_2 Exam Topic 20 Question 194 Discussion:
Question #: 194
Topic #: 20

Section A (1 Mark)

You buy a investment plan by investing Rs. 6000/- per month for first 12years and Rs. 11000/- per month for next 12 years. If the rate of interest is 15% per annum compounded monthly . How much amount would you have after 24 years?


A.

18876542


B.

2391612


C.

18692506


D.

18954240


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