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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 39 Topic 4 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 39 Topic 4 Discussion

GLO_CWM_LVL_1 Exam Topic 4 Question 39 Discussion:
Question #: 39
Topic #: 4

Yogesh Jain is a Chartered Accountant by profession and a very disciplined investor he has started investing from today in an account Rs. 1,00,000 every year (beginning of year) and plans to increase his contribution by 10% every year. If the ROI he gets is 15% per annum compounded half yearly calculate the corpus he would be able to accumulate in 25 years.?


A.

47379847


B.

52117831


C.

48763660


D.

44330600


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