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AAFM Exam GLO_CWM_LVL_1 Topic 4 Question 64 Discussion
Actual exam question for
AAFM's
GLO_CWM_LVL_1 exam
Question #: 64
Topic #: 4
[All GLO_CWM_LVL_1 Questions]
Topic #: 4
Dhruv contributes Rs. 25,000 every year starting from the beginning of the 4th year from today till the begning of 12th year in the account that gives a ROI of 11.40% p.a. compounded half yearly. Calculate the Present Value of his contribution today.
Suggested Answer:
B
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