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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 46 Topic 5 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 46 Topic 5 Discussion

GLO_CWM_LVL_1 Exam Topic 5 Question 46 Discussion:
Question #: 46
Topic #: 5

How much amount should be invested by Mr. Batra today to get a maturity value of Rs. 90,368.50 after 6 years, if available ROI is 10% and compounding is Quarterly for first 2 years, Half Yearly for next 2 years and Monthly for last 2 years?


A.

Rs. 55535


B.

Rs. 50000


C.

Rs. 49000


D.

Rs. 51585


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