AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 207 Topic 21 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 207 Topic 21 Discussion

CWM_LEVEL_2 Exam Topic 21 Question 207 Discussion:
Question #: 207
Topic #: 21

Section A (1 Mark)

Shyam invests in a plan in which he has to pay Rs. 10,000/- per year Starting from the end of 5th year till the end of 12th. How much amount Should he invest today in order to meet his objective. If the interest rate is 10%p.a.?


A.

46438


B.

36438


C.

37238


D.

38610


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