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AAFM Exam GLO_CWM_LVL_1 Topic 3 Question 62 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam
Question #: 62
Topic #: 3
[All GLO_CWM_LVL_1 Questions]

Dhruv contributes Rs. 25,000 every year starting from the beginning of the 4th year from today till the begning of 12th year in the account that gives a ROI of 11.40% p.a. compounded half yearly. Calculate the Present Value of his contribution today.

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Suggested Answer: B

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