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AAFM CWM_LEVEL_2 Exam - Topic 5 Question 36 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 36
Topic #: 5
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

Mr. Bhaitia will continue to invest Rs. 10,000 in his PPF a/c at the beginning of each year till his retirement. Then calculate how much he has to save extra at the end of per month in a scheme to achieve his retirement corpus with a yield of 10%?

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Suggested Answer: C

by Roosevelt at May 04, 2022, 09:02 PM

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Alona
6 months ago
10% yield is pretty optimistic, though.
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Audrie
6 months ago
Wait, how does he need to save that much extra? Sounds high!
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Jennie
6 months ago
I disagree, I believe option C is the correct answer.
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Pa
6 months ago
I think option A sounds about right!
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Della
7 months ago
Mr. Bhaitia is investing Rs. 10,000 annually in PPF.
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Nan
7 months ago
This question is testing our knowledge of Nutanix image management capabilities. I believe the answer is D, using Prism Central image placement policies to automate the deployment of the images to Cluster02.
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Corrina
7 months ago
Looks like a retirement planning calculation. I'll use future value of annuity formula for the PPF investments first.
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