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Exam CWM_LEVEL_2 topic 1 question 11 discussion

Actual exam question from AAFM India's CWM_LEVEL_2
Question #: 11
Topic #: 1
[All CWM_LEVEL_2 Questions]

What is the present value of an annuity which pays Rs. 10,000 for 3 years at the end of each year, assuming ROI @7% per annum compounded annually?

  • A. Rs. 28,080.18
  • B. Rs. 26,243.16
  • C. Rs. 34,400
  • D. Rs. 27,243.54
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Suggested Answer: A 🗳️
by SABANARA at Sept. 30, 2023, 9:46 p.m.

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SABANARA
1 year, 2 months ago
YOUR ANSWER IS WRONG AND CORRECT ANSWER IS B (RS.26243.16)
upvoted 1 times
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