AAFM Exam GLO_CWM_LVL_1 Topic 7 Question 68 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 68
Topic #: 7

Vinod is projecting an income stream providing Rs. 2,000/- for first 3 months, Rs. 3,200 for next 2 months, Rs. 4,500 for next 1 month, Rs. 3,700 for next 6months and Rs. 800 for 2 months thereafter. Please calculate the Present Value of this cash stream if rate of interest is 9%

A24465.92

B25817.12

C24,513.72

D23478.68

Show Suggested Answer

Suggested Answer: C

by Myra at Oct 22, 2023, 11:03 AM

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