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CIMAPRA17-BA1-1 Exam - Topic 1 Question 44 Discussion

An institution offers an 8 percent compound interest rate annually for six years, for an investment of S250,000 What is the total amount of interest that would be received over the six years'?
B) $396718.58
A) $370,000.00
C) $146,718.58
D) $120.000 00

CIMAPRA17-BA1-1 Exam - Topic 1 Question 44 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 44
Topic #: 1
[All CIMAPRA17-BA1-1 Questions]

An institution offers an 8 percent compound interest rate annually for six years, for an investment of S250,000 What is the total amount of interest that would be received over the six years'?

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Suggested Answer: B

by Devora at May 07, 2022, 03:35 PM

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Karl
10 months ago
So, the interest alone is $146,718.58? Interesting!
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Tammara
10 months ago
I thought it would be less than that.
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Loise
11 months ago
Wait, are you sure? That seems too high!
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Rocco
11 months ago
That sounds about right!
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Anika
11 months ago
The total amount after 6 years is $396,718.58.
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Titus
11 months ago
I'm a little confused by this question. I know we talked about BGP attributes in general, but I'm not sure I fully understand the nuances of how they can be used in route-policy apply clauses. I'll have to review my notes and try to reason through the options carefully.
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Audrie
11 months ago
I think this question is asking about the key characteristics of capability-based planning, so I'll need to consider which of the options best describes that approach.
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Pamela
11 months ago
I'm kind of unsure about option A; I think a two-part tariff might help but not completely sure how it would affect overall performance assessment.
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