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.
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.
Hey i was wondering how many question are in the FM sample exams?
@xsimpx
never mind found it
For the record – 30 (actually first one has 31).
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…
I’m using the computer at my school and I can’t open the August study schedule. The lessons are opening fine.
Try this one
http://dl.getdropbox.com/u/426149/fm/FM_schedule.zip
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