AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 48 Topic 5 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 48 Topic 5 Discussion

GLO_CWM_LVL_1 Exam Topic 5 Question 48 Discussion:
Question #: 48
Topic #: 5

A money back policy for SA of Rs. 100000/-. Matured after 25 years. Survival benefits of 15% each has been paid at the end of 5th , 10th, 15th, and 20th years. Bonus has accrued at Rs. 965/- per Rs. 1000 SA. Interim bonus @ Rs. 25/- per thousand SA is payable. What is the maturity claim amount?


A.

139000


B.

136500


C.

99000


D.

96500


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