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AFP CTP Exam - Topic 1 Question 24 Discussion

Use the information in the data set to calculate the earnings credit.
A) $955.48
B) $924.66
C) $812.16
D) $785.96

AFP CTP Exam - Topic 1 Question 24 Discussion

Actual exam question for AFP's CTP exam
Question #: 24
Topic #: 1
[All CTP Questions]

Use the information in the data set to calculate the earnings credit.

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Suggested Answer: A

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I’m a bit confused about the calculations; I thought it was based on average balances, but I’m not confident in which option to choose.
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An
5 days ago
I practiced a few problems on earnings credits, and I think I got a similar range of answers, but I can't recall the exact numbers.
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Christiane
10 days ago
I feel like the answer might be closer to option A, but I could be mixing it up with another example we did.
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Gary
15 days ago
I think I remember calculating earnings credits in a similar practice question, but I’m not sure if I used the right formula.
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