AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 159 Topic 16 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 159 Topic 16 Discussion

GLO_CWM_LVL_1 Exam Topic 16 Question 159 Discussion:
Question #: 159
Topic #: 16

Sonia works at the post office. She deposits Rs. 1000 on every birthday into a retirement plan which paid an interest rate of 8% from the age of 20 years until she retired. If she had Rs. 260000 in her retirement plan when she retired, at what age did she retire?


A.

55


B.

60


C.

59


D.

57


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