AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 154 Topic 16 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 154 Topic 16 Discussion

GLO_CWM_LVL_1 Exam Topic 16 Question 154 Discussion:
Question #: 154
Topic #: 16

Mr. Shikar wants to invest his savings in an account that pays an interest rate of 9.25% p.a. compounded annually at different ages of his son whose current age is 4 years. Please calculate for him the Future Value of these investments when his son turns 18.

GLO_CWM_LVL_1 Question 154


A.

2177626


B.

2379057


C.

2797057


D.

3379057


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