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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 25 Topic 3 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 25 Topic 3 Discussion

GLO_CWM_LVL_1 Exam Topic 3 Question 25 Discussion:
Question #: 25
Topic #: 3

Calculate the Paid up Value ( PV) under a policy with the following particulars:

GLO_CWM_LVL_1 Question 25

Consolidated Reversionary Bonus declared by the insurer from March, 1990 to March 2006 is 550/- per thousand sum assured. Bonus declared for the year ending March 2007 is @ Rs. 70/- per thousand.


A.

Rs. 19,750


B.

Rs. 18,000


C.

Rs. 33,500


D.

Rs. 31,750


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