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AAFM Exam CWM_LEVEL_2 Topic 3 Question 43 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 43
Topic #: 3
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

Assume Reena retires at the age of 60 years and invests her salary at 8% p.a.What will be the future value of Reena's salary at the time of her retirement if she saves her entire salary?

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Suggested Answer: D

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