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AAFM CWM_LEVEL_2 Exam - Topic 7 Question 28 Discussion

Section C (4 Mark)Read the senario and answer to the question.For the purpose of World Tour Nimita has an option to use her investments in PPF A/c. She would contribute maximum permissible amount on the 1st working day of April every year till its due maturity as well as in all years of the extension of account for a 5-year term after its due maturity. She wants to use half of the PPF account proceeds for the proposed world tour. You estimate the adequacy of such amount, the same is _____________.
C) Short by Rs. 44,200
A) Short by Rs. 44,200
B) In excess by Rs. 1,05,400
D) In excess by Rs. 52260

AAFM CWM_LEVEL_2 Exam - Topic 7 Question 28 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 28
Topic #: 7
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

For the purpose of World Tour Nimita has an option to use her investments in PPF A/c. She would contribute maximum permissible amount on the 1st working day of April every year till its due maturity as well as in all years of the extension of account for a 5-year term after its due maturity. She wants to use half of the PPF account proceeds for the proposed world tour. You estimate the adequacy of such amount, the same is _____________.

Show Suggested Answer Hide Answer
Suggested Answer: C

by Lavera at May 07, 2022, 03:48 PM

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Gennie
10 months ago
Definitely option C, that makes the most sense.
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Shelton
10 months ago
Wait, how can it be in excess? That doesn’t add up.
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Simona
10 months ago
Really? I thought she’d have enough for the tour!
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Luisa
10 months ago
I think it's option A, short by Rs. 44,200.
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Francene
10 months ago
PPF accounts are great for long-term savings!
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Valentin
11 months ago
From my notes, if she's contributing the maximum amount every year, the returns might be more than expected. I think it's important to look at that interest rate closely.
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Paz
11 months ago
I’m feeling a bit lost. Are both options A and C the same with that shortfall amount? I thought I noted that down during revision, but it seems off.
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Micah
11 months ago
I think I saw a question where you had to determine excess or shortfall in funds as well. If she wants to use only half the proceeds, that could change things, right?
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Lashaun
11 months ago
I remember studying the calculations for PPF maturity amounts, but I’m not confident about how much to choose here. There were similar questions in the practice tests.
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Alfred
11 months ago
Ugh, I hate these types of questions about obscure procurement rules. I'll just guess and hope for the best - no way I'm going to waste time trying to memorize all the nuances here.
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Reita
11 months ago
Wait, do I need to delete the previous data first? I want to make sure I don't mess up the existing chart.
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Brynn
11 months ago
The default VNC port is definitely TCP 5901. I remember learning that in my networking class, so I'm confident that's the right answer.
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Edison
11 months ago
I've got this! The answer is local preference. By adjusting the local preference on router 1, it can make the 192.168.4.2 next hop more preferred for the iBGP peers without affecting the external BGP neighbors.
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Barney
11 months ago
Cross-Site Request Forgeries (CSRF) could be a good option here. If the site isn't properly validating the origin of requests, a malicious user could potentially forge a request to change the price.
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Aliza
12 months ago
Okay, I've got a strategy here. I'll focus on looking for the customer requirements that align with the benefits of a Meraki cloud-managed network, like easy deployment and management.
upvoted 0 times
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