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AAFM Exam GLO_CWM_LVL_1 Topic 9 Question 25 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam
Question #: 25
Topic #: 9
[All GLO_CWM_LVL_1 Questions]

Sonia works at the post office. She deposits Rs. 1000 on every birthday into a retirement plan which paid an interest rate of 8% from the age of 20 years until she retired. If she had Rs. 260000 in her retirement plan when she retired, at what age did she retire?

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Suggested Answer: B

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