AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 294 Topic 30 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 294 Topic 30 Discussion

GLO_CWM_LVL_1 Exam Topic 30 Question 294 Discussion:
Question #: 294
Topic #: 30

How much should one deposit today in a bank account paying interest compounded quarterly if you wish to have Rs. 10000 at the end of 3 months, if the bank pays 5% annually?


A.

9524


B.

9877


C.

9788


D.

9867


Get Premium GLO_CWM_LVL_1 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.