AAFM Exam CWM_LEVEL_2 Topic 3 Question 44 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 44
Topic #: 3

Section C (4 Mark)

Read the senario and answer to the question.

Vinay wants to have 80% of the desired retirement corpus from his monthly savings from now itself. If he expects to earn 12% p.a. on these savings, how much amount should the couple save at the end of each month to achieve this target?

ARs. 26422

BRs. 36548

CRs. 17873

DNone of the above

Show Suggested Answer

Suggested Answer: C

by Yuki at Jun 26, 2022, 12:35 PM

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