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Exam CWM_LEVEL_1 topic 1 question 33 discussion

Actual exam question from AAFM India's CWM_LEVEL_1
Question #: 33
Topic #: 1
[All CWM_LEVEL_1 Questions]

What is the future value of Rs. 5000 at the end of 5 years at 8% compounded annually?

  • A. Rs.7,346.64
  • B. Rs.7,401.22
  • C. Rs.7,388.12
  • D. Rs.7,390
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Suggested Answer: D 🗳️

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SPFinancialCoach
1 year, 1 month ago
"A" IS CORRECT ANSWER IN EITHER MODE BECASE THERE IS NO REGULA PAYMENT IS EXIST.
upvoted 1 times
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SABANARA
1 year, 2 months ago
"A" IS THE CORRECT ANSWER AND NOT "D". IF END OR BEGIN, THE ANSWER IS ONLY ONE THAT IS 7346.64..
upvoted 1 times
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