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AAFM Exam CWM_LEVEL_2 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

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