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AAFM Certification
CWM_LEVEL_2 Exam
AAFM.CWM_LEVEL_2.v2021-11-05.q431 Practice Test
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Question
431
Section C (4 Mark)
Read the senario and answer to the question.
What amount he would have piled up at the end of the 20 years if it earns 8.5% compounded interest and discontinues making deposits after 9th deposit?
A.
Rs. 124891
B.
Rs. 128745
C.
Rs. 169700
D.
Rs. 141862
Correct Answer:
C
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