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AAFM Exam CWM_LEVEL_2 Topic 7 Question 48 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 48
Topic #: 7
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

If Mahesh extends his retirement age to 65, what is the annual saving required in the beginning of every year if his post retirement expenses are 85% of his pre-retirement expenses?

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Suggested Answer: A

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