AAFM CWM_LEVEL_2 Exam - Topic 5 Question 36 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 36
Topic #: 5

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%?

ARs. 4507

BRs. 3714

CRs. 3745

DRs. 5567

Show Suggested Answer

Suggested Answer: C

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

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Alona

4 months ago

10% yield is pretty optimistic, though.

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Audrie

5 months ago

Wait, how does he need to save that much extra? Sounds high!

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Jennie

5 months ago

I disagree, I believe option C is the correct answer.

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Pa

5 months ago

I think option A sounds about right!

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Della

5 months ago

Mr. Bhaitia is investing Rs. 10,000 annually in PPF.

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Nan

5 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

5 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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