ACF329 Something to help prepare for Exam 1
Warning: this is not a sample test.
Name:
Instructions: You should use one of the SOA approved calculators on this worksheet. The goal
is to be able to do these basic problems as quickly and accurately so that you can concentrate on
more interesting aspects of a problem.
1. Give the answer
as a percent
to the nearest 0.0001. Repeat as necessary until you can finish
in 25 minutes or less.
(a) Given
i
= 6
.
25%, find the equivalent
d
.
(b) Given
i
(6)
= 13
.
5%, find the equivalent
i
.
(c) Given a force of interest equal to 7
.
34%, find the equivalent
i
.
(d) Given
i
(4)
= 2
.
45%, find the equivalent
d
(6)
.
ACF329 Fall 2010
Harper
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(e) Given
i
(2)
= 3
.
7%, find the equivalent
δ
.
(f) Given nominal discount rate equal to 17
.
4% convertible monthly, find the equivalent
nominal interest rate convertible quarterly.
(g) Given effective quarterly interest rate equal to 3
.
25%, find the equivalent monthly inter
est rate.
(h) Given effective monthly interest rate equal to 1
.
4%, find the equivalent quarterly dis
count rate.
(i) Given
d
(4)
4
= 1
.
8%, find the equivalent force of interest.
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 Spring '08
 HIETMANN
 6%, 5%, 7%, 9.2%, accumulation function

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