Certified Trust And Fiduciary Advisor (CTFA) Practice Exam

An agency expects an initial term of $480,000 and two optional renewals of $160,000 each. What total potential value should be considered?

$480,000 $640,000 $800,000 $960,000

$800,000

The total potential value is $480,000 + $160,000 + $160,000 = $800,000.

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