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NEW QUESTION: 1
Mr. Raja Ram is working as a regional head in a Pharmaceutical Company. He has a annual income of Rs.
10,00,000. He will be retiring in next ten years. His current expenses are Rs. 5,00,000. The inflation rate for the foreseeable future is expected to be 5%. He assumes that his post retirement expenses will be 70% of his last year expenses of his service and they will increase at inflation rate and paid at the beginning of each year.
On his retirement He plans to leave his current rented apartment and shift into a spacious and airy bungalow located on the suburbs of the city (his long cherished dream). The current price of the bungalow is Rs. 24 lakh which is estimated to increase in line with inflation rate. A ten year government security paper fetches 10% interest rate, which will remain constant for the forthcoming period. He is in good health and expects to live for twenty years after retirement.
As a CWM® you are required to calculate the amount he needs to save at the end of ten years on an annual basis so that he can pay his post retirement expenses as well as buy his dream house.
A. 7.56 lacs
B. 6.56 lacs
C. 4.67 lacs
D. 7.219 lacs
Answer: D
NEW QUESTION: 2
As a project nears completion the project manager learns that some stakeholders believe that the project failed to meet the schedule and ran over budget The project manager wants to invalidate that belief by providing data on project plans and end results What type of analysis should the project manager conduct?
A. Regression
B. Document
C. Trend
D. Variance
Answer: D
NEW QUESTION: 3
What function allows resizing of PHP's file write buffer?
A. ob_start()
B. stream_set_write_buffer()
C. Change the output_buffering INI setting via ini_set() function
D. set_write_buffer()
Answer: B