Exam BA1 Topic 1 Question 262 Discussion

Actual exam question for CIMA's BA1 exam
Question #: 262
Topic #: 1
A client agrees to invest S100,000 three years from now in a business project, and decides to deposit funds today in a bank account that pays 6 percent compound interest annually.
How much does the client need to deposit in order to be able invest $100,000 in three years time?

Suggested Answer: B Vote an answer

by Osmond at Feb 10, 2026, 07:11 PM

Comments

Chosen Answer:
This is a voting comment (?) , you can switch to a simple comment.
Switch to a voting comment New
Nick name: Submit Cancel
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

Contact Us

If you have any question please leave me your email address, we will reply and send email to you in 12 hours.

Our Working Time: ( GMT 0:00-15:00 ) From Monday to Saturday

Support: Contact now 

日本語 Deutsch 繁体中文 한국어