AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 239 Topic 24 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 239 Topic 24 Discussion

CWM_LEVEL_2 Exam Topic 24 Question 239 Discussion:
Question #: 239
Topic #: 24

Section C (4 Mark)

Saurabh contributes Rs. 10,000 every year starting from the end of the 5th year from today till the end of 12th year in the account that gives a ROI of 7.75% p.a. compounded half yearly. Calculate the Present Value of his contribution today.


A.

39441


B.

39800


C.

42557


D.

36500


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