AAFM Exam GLO_CWM_LVL_1 Topic 8 Question 8 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 8
Topic #: 8

Roger deposits Rs. 10,00,000 in a bank account on 1st March 2005 and another Rs. 5,00,000 on 1st March 2011. He wants to withdraw all of this money with interest on 1st March 2015. If the account pays ROI of 11% P.A. compounded quarterly what amount can he withdraw from this account?

A2959874

B771755

C3731629

D3598455

Show Suggested Answer

Suggested Answer: C

by Ruthann at May 06, 2022, 05:07 AM

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