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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 # 38 Topic 4 Discussion

CWM_LEVEL_2 Exam Topic 4 Question 38 Discussion:
Question #: 38
Topic #: 4

Section B (2 Mark)

Manav invests Rs. 500/- every 6 months towards a fund to pay for his children education. If the investment pays ROI @ 9 % per annum, compounded Semi Annually, then what will be the corpus after 10 years ?


A.

11234.98


B.

17563.23


C.

15,685.71


D.

23098.76


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