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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 217 Topic 22 Discussion

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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 217 Topic 22 Discussion

CWM_LEVEL_2 Exam Topic 22 Question 217 Discussion:
Question #: 217
Topic #: 22

Section B (2 Mark)

Rahul decides to deposit Rs. 5,000/- every month into an account yielding 12 % per annum compounded monthly for 20 years. What will be the accumulated value in this account after 20 years and how much amount can be withdrawn from this account every month for a further period of 20 years of ROI is 8 % per annum compounded monthly?
A.

41384.95

B.

4946276

C.

594523

D.

40230.85

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Actual exam question for AAFM CWM_LEVEL_2 exam by Nyx7793 at Aug 3, 2025, 12:00:00 AM

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