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Exam CWM_LEVEL_2 topic 1 question 27 discussion

Actual exam question from AAFM India's CWM_LEVEL_2
Question #: 27
Topic #: 1
[All CWM_LEVEL_2 Questions]

Mr. Mishra is working in a reputed company and earning Rs. 5,00,000 p.a. and is now 50 years old. He has invested Rs. 2,50,000 in an annuity which will pay him after 5 years a certain amount p.a. at the end of every year for 10 years. Rate of interest is 8% p.a. Calculate how much he will receive at the end of every year after 5 years?

  • A. Rs. 4,403
  • B. Rs. 53,927
  • C. Rs. 3,67,332
  • D. Rs. 54,743
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Suggested Answer: B 🗳️

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97d9597
4 months ago
Correct answer is d
upvoted 1 times
...
SABANARA
1 year, 2 months ago
YOUR ANSWER B IS WRONG AND D IS CORRECT ONE IE., Rs.54743/-
upvoted 1 times
...
viru001111
1 year, 5 months ago
the answer would be d
upvoted 1 times
...
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