June 11th, 2007

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

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

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

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

James,

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. 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