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AAFM GLO_CWM_LVL_1 Exam - Topic 1 Question 121 Discussion

A 12 year annual annuity of Rs. 10000 will begin 8 years hence (the first payment occurs at the end of 8 years). What is the present value of this annuity if the discount rate is 14 percent?
B) Rs. 22620.63
A) Rs. 22898.12
C) C.Rs. 23456.78
D) D.Rs. 22124.95

AAFM GLO_CWM_LVL_1 Exam - Topic 1 Question 121 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam
Question #: 121
Topic #: 1
[All GLO_CWM_LVL_1 Questions]

A 12 year annual annuity of Rs. 10000 will begin 8 years hence (the first payment occurs at the end of 8 years). What is the present value of this annuity if the discount rate is 14 percent?

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Suggested Answer: B

by Alline at Jul 02, 2026, 03:31 AM

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