About

June 11th, 2007

This blog will be used to communicate with students registered for The Infinite Actuary’s Exam 2/C Online Seminar.

My name is James Washer. You can find out more information about me here.

  1. xsimpx
    May 3rd, 2009 at 19:09 | #1

    Hey i was wondering how many question are in the FM sample exams?

  2. xsimpx
    May 3rd, 2009 at 19:10 | #2

    @xsimpx
    never mind found it

  3. May 3rd, 2009 at 21:20 | #3

    For the record – 30 (actually first one has 31).

  4. Ed Thompson
    May 15th, 2009 at 13:02 | #4

    James,

    Is this the proper place to ask questions about the lessons? This Blog page or e-mail you through contact us?

    Anyways, A.1.2 Problem #3. Is John earning money in years 1 and 3, while losing money in years 2, 4, and 5? I’m confused about the intrest and discount part. I wanted to see how $698.02 accumulated to $1,000. I did:

    1) 698.02*1.04 = 725.94
    2) 725.94*.95 = 689.64
    3) 689.64*1.06 = 731.02
    4) 731.02*.9 = 657.92
    5) 657.92*.9 = 592.13…

  5. Ed Thompson
    May 15th, 2009 at 13:09 | #5

    I’m using the computer at my school and I can’t open the August study schedule. The lessons are opening fine.

  6. May 17th, 2009 at 16:50 | #6
  7. May 17th, 2009 at 16:53 | #7

    No. For (2) you are given d = .05. To accumulate using d you divide by 1-d. So it would be:

    698.02 * (1.04) * (0.95)^-1 * (1.06) * (0.9)^-2

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