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AAFM GLO_CWM_LVL_1 Exam - Topic 4 Question 39 Discussion

Ms. Sonali Briganza is 22 years old. She is currently earning a salary of Rs.5,00,000/- per annum and saves 20% of her salary every year. If her salary increases by 10% every year and she is able to get a return of 11% p.a. compounded annually throughout her investment horizon what would be the corpus of funds available at her age 58.?
A) 119056000
B) 117056000
C) 129056000
D) 139056000

AAFM GLO_CWM_LVL_1 Exam - Topic 4 Question 39 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam
Question #: 39
Topic #: 4
[All GLO_CWM_LVL_1 Questions]

Ms. Sonali Briganza is 22 years old. She is currently earning a salary of Rs.5,00,000/- per annum and saves 20% of her salary every year. If her salary increases by 10% every year and she is able to get a return of 11% p.a. compounded annually throughout her investment horizon what would be the corpus of funds available at her age 58.?

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Suggested Answer: A

by Sue at May 04, 2022, 09:11 PM

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Nan
10 months ago
Is it really possible to reach that amount by 58?
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Catalina
11 months ago
The compounding effect is powerful, though!
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Huey
11 months ago
Wait, how can she save that much with a 10% raise?
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Nathalie
11 months ago
That sounds about right, I agree!
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Pearlie
11 months ago
She'll save Rs.1,00,000 every year!
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Jolanda
11 months ago
This seems like a straightforward question about network monitoring and security. I think the key is to identify the most effective method for capturing network anomalies and payloads within VPCs.
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Raina
11 months ago
I'm a bit torn on this one. Total delivery cost is also an important factor for customers, as they want to get good value. But in the end, I think level of service is the best choice to determine the target inventory level.
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Lemuel
11 months ago
Hmm, I'm a bit confused by the code and the graph options. I'll need to walk through the code step-by-step to understand what's happening.
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Gail
11 months ago
Hmm, I'm a bit unsure about this one. I need to carefully read through the options and think about which ones are the true advantages.
upvoted 0 times
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Leota
12 months ago
I think this is a pretty straightforward question. Views are the way to go - they allow you to control access to specific parts of the database.
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