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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/-
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Suggested Answer: B 🗳️
by SABANARA at Sept. 30, 2023, 8:23 p.m.

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SPFinancialCoach
1 year, 3 months ago
"A" IS CORRECT ANSWER 677270.98
upvoted 1 times
...
SABANARA
1 year, 4 months ago
677270 IS THE CORRECT ANSWER (A)
upvoted 1 times
...
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