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AAFM Exam GLO_CWM_LVL_1 Topic 4 Question 39 Discussion
Actual exam question for
AAFM's
GLO_CWM_LVL_1 exam
Question #: 39
Topic #: 4
[All GLO_CWM_LVL_1 Questions]
Topic #: 4
Ms. Sonali Briganza is 22 years old. She is currently earning a salary of Rs.5,00,000/- per annum and saves 20% of her salary every year. If her salary increases by 10% every year and she is able to get a return of 11% p.a. compounded annually throughout her investment horizon what would be the corpus of funds available at her age 58.?
Suggested Answer:
A
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