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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 57 Topic 6 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 57 Topic 6 Discussion

GLO_CWM_LVL_1 Exam Topic 6 Question 57 Discussion:
Question #: 57
Topic #: 6

Ms. Sonali Briganza is 22 years old. She is currently earning a salary of Rs.5,00,000/- per annum and saves 20% of her salary every year. If her salary increases by 10% every year and she is able to get a return of 11% p.a. compounded annually throughout her investment horizon what would be the corpus of funds available at her age 58.?


A.

119056000


B.

117056000


C.

129056000


D.

139056000


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