AAFM Exam CWM_LEVEL_2 Topic 1 Question 19 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 19
Topic #: 1

Section C (4 Mark)

Read the senario and answer to the question.

Mr. Bhatia thinks he would require 50 lacs in today's terms for Neena's wedding at 25 years of age. What amount he has to save at the end of every month for Neena's wedding requirement with a 7% inflation rate and investment earning minimum 12% p.a.

ARs. 25,389

BRs. 24,315

CRs. 25,643

DRs. 26,956

Show Suggested Answer

Suggested Answer: C

by Dominque at May 09, 2022, 01:16 AM

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