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Exam CWM_LEVEL_2 All Questions
Exam CWM_LEVEL_2 All Questions

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AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 74 Topic 11 Discussion

CWM_LEVEL_2 Exam Topic 11 Question 74 Discussion:
Question #: 74
Topic #: 11

Section B (2 Mark)

What is the outstanding balance after 60 payments on a 20-year mortgage that has monthly payments of Rs1062.32 and an interest rate of 5.8% compounded semi-annually?


A.

Rs. 33 282.56


B.

Rs. 181 717.44


C.

Rs. 182 353.70


D.

Rs. 192 598.48


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