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AAFM CWM_LEVEL_2 Exam - Topic 3 Question 43 Discussion

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?
D) Rs. 485 lakh
A) Rs. 242 lakh
B) Rs. 273 lakh
C) Rs. 514 lakh

AAFM CWM_LEVEL_2 Exam - 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?

Show Suggested Answer Hide Answer
Suggested Answer: D

by Raul at Jun 16, 2022, 01:13 PM

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France
10 months ago
I doubt anyone can save their whole salary for that long.
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Brett
10 months ago
8% is a solid return, but saving the entire salary? That's impressive!
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Zona
11 months ago
Wait, how did they calculate that? Sounds high!
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Luisa
11 months ago
No way, I believe it's option D, Rs. 485 lakh.
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Lynette
11 months ago
I think it's option C, Rs. 514 lakh.
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Letha
11 months ago
I feel like Rs. 514 lakh sounds too high, but I might be overthinking it. I need to double-check my calculations.
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Ming
11 months ago
I think the future value should be calculated using the compound interest formula, but I can’t recall if it’s compounded annually or monthly in this case.
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Geoffrey
11 months ago
I remember we practiced a similar question about future value calculations, but I’m not sure if I used the right formula for continuous investment.
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Tu
11 months ago
I remember that 8% is a common rate we discussed, but I’m not confident about how long Reena has been saving. Is it 20 years or more?
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Dalene
11 months ago
Okay, let me think this through step-by-step. The method is exposing a system command to the customer, and the security policy grants socket access. That sounds like a potential for remote code execution or denial of service.
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Ceola
11 months ago
I'm pretty confident I know the answer to this one. The Exadata-specific components monitored directly are ASM instances, HCC ratios on XT storage servers, and the storage server ILOM.
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Casey
11 months ago
Okay, let's see. The Print Preview option is disabled, so I'll need to figure out why that is and how to enable it. Changing the format could be a good approach.
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Jaclyn
12 months ago
I think the goal is mainly to contain an attack, but I'm not completely sure if that's the primary focus.
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