AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 140 Topic 15 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 140 Topic 15 Discussion

GLO_CWM_LVL_1 Exam Topic 15 Question 140 Discussion:
Question #: 140
Topic #: 15

What is the surrender value, if the sum assured is Rs. 100,000/-, DOC is 01/01/1997, endowment with profit 25 years, due date of last premium paid 01/01/2010. Premium to be paid semi-annually. Accrued bonus is 500 per thousand of SA. Surrender value factor is 19% ?


A.

23750


B.

21565


C.

15010


D.

12825


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