exam questions

Exam CWM_LEVEL_1 All Questions

View all questions & answers for the CWM_LEVEL_1 exam

Exam CWM_LEVEL_1 topic 1 question 45 discussion

Actual exam question from AAFM India's CWM_LEVEL_1
Question #: 45
Topic #: 1
[All CWM_LEVEL_1 Questions]

Aakash is 30 years old and plans to retire after another 25 years. His annual expenditure is Rs. 2,00,000/-, and wants to maintain the same living standard as of now. Expected inflation rate is 5%. Calculate what will be the Ashok's annual expenditure requirement at the beginning of the first year of his retirement?

  • A. Rs. 6,77,270/-
  • B. Rs. 5,72,281/-
  • C. Rs. 6,55,235/-
  • D. Rs. 5,86,326/-
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
SPFinancialCoach
1 year, 1 month ago
"A" IS CORRECT ANSWER 677270.98
upvoted 1 times
...
SABANARA
1 year, 2 months ago
677270 IS THE CORRECT ANSWER (A)
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...