AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 3 Topic 1 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 3 Topic 1 Discussion

GLO_CWM_LVL_1 Exam Topic 1 Question 3 Discussion:
Question #: 3
Topic #: 1

Mr. Bakshi has invested Rs. 25,000/- @ 5% p.a. in a bank deposit. After 5 years rate of interest changes 6% p.a. computed half yearly. After further period of 2 years rate again changes to 7% p.a. compounded quarterly. After further 2 years rate again changes to Rs. 8% pa compounded monthly. What will he get after 10 years from now ?


A.

Rs. 45,780/-


B.

Rs. 55,563/-


C.

Rs. 41,546/-


D.

Rs. 44,682/-


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