AAFM GLO_CWM_LVL_1 Exam - Topic 4 Question 28 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 28
Topic #: 4

Asit an industrialist wants to buy a car presently costing Rs. 10,00,000/- after 5 years. The cost of the car is expected to increase by 10% pea for the first 3 years and by 6% in the remaining years. Asit wants to start a SIP with monthly contributions in HDFC Top 200 Mutual Fund. You as a CWM expect that the fund would give an average CAGR of 12% in the next 5 years. Please advise Asit the monthly SIP amount starting at the beginning of every month for the next 5 years to fulfill his goal of buying the Car he desires.

A1495512

B18614.48

C20614.48

D18311.71

Show Suggested Answer

Suggested Answer: B

by Jerry at May 09, 2022, 12:17 AM

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Linwood

4 months ago

Not sure if HDFC Top 200 will deliver that return.

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Scarlet

5 months ago

Definitely need to start saving now, 12% CAGR is solid!

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Cecilia

5 months ago

Wait, is the increase really that high?

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Levi

5 months ago

I think option C sounds about right.

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Cassie

5 months ago

The car will cost around Rs. 14,69,000 after 5 years!

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Vicki

5 months ago

Okay, let me see. I think the key is understanding how the management plane DCN connects to the network elements (NEs). I'll need to review that part of the material.

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Myong

5 months ago

Okay, I've got this. The purpose of a quality auditing program is to provide management with objective feedback, which is option A. That's the best fit based on the information given.

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Belen

5 months ago

I feel pretty confused about this one. I thought it could be consolidated revenue, but now I'm not so sure what the specifics were.

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Boris

5 months ago

This seems pretty straightforward. The question states that the data is copied to a second disk, so the RAID level being used is clearly RAID 1. I'm confident that's the right answer.

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Kaycee

5 months ago

I remember calculating future values, but I'm a bit unsure about the exact formula needed to account for the different growth rates for the car's cost.

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