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AAFM Exam CWM_LEVEL_2 Topic 3 Question 34 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 34
Topic #: 3
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

What amount he would have piled up at the end of the 20 years if it earns 8.5% compounded interest and discontinues making deposits after 9th deposit?

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Suggested Answer: B

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