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AAFM Exam CWM_LEVEL_2 Topic 5 Question 90 Discussion
Actual exam question for
AAFM's
CWM_LEVEL_2 exam
Question #: 90
Topic #: 5
[All CWM_LEVEL_2 Questions]
Topic #: 5
Section B (2 Mark)
Ajay is considering to purchase a house which will bring rental income of Rs. 15,000/- p.m at the end of month. Ajay is looking for 12% returns and he is expecting to sell the property after 5 years for Rs. 6 lac. What price Ajay should pay for this property now?
Suggested Answer:
B
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