AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 64 Topic 7 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 64 Topic 7 Discussion

CWM_LEVEL_2 Exam Topic 7 Question 64 Discussion:
Question #: 64
Topic #: 7

Section C (4 Mark)

Mr. Vivek Kalra deposits Rs.11,00,000 today in an investment that would pay after 6 years Rs. 1,00,000 per year for 5 years and Rs. 1,50,000 for the next 5 years. What would be the balance in the account after the last payment is made if the ROI is 18% per annum compounded annually?


A.

2969509


B.

6078097


C.

12832083


D.

11283083


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