{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

SOA 1 blank set

# SOA 1 blank set - ﬂ"” 19"‘"ﬁ...

This preview shows pages 1–5. Sign up to view the full content.

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ﬂ "”' 19. "‘"ﬁ' r—‘x... Course PM (Ex l (0 Calculate the nominal rate ofdiscaunl convertible monthly that is equivalent lo a nominal rat: of inmrest of | 3.9% per year nonvmible monthly. {A} {E} {C} (D) (E) [311% 13.3% 13.6% 13.9% 19.1% 22 May 2.905 13.. Course PM A1 a nominal interest rate of 1' convertible Semi-annually, an investment of lﬂDD immediately and 1500 at the end or the ﬁrm year will aeeumulale let lﬁllll al. the end of the sewn-:1 year. Calculate 1'. {A} 1.15% (B) 2.??% (C) 139% {D} 1.31% (E) 1.33% M {p May 2003 a. “* '1'. WM. Course FM Mike receives cash ﬂows of 100 today, LID-[I in ﬁne year, and me in two years. The present value of these cash ﬂows is 364.46 at an annual eﬁ‘eetive rate of interest I'. Calculate 1'. (A) 10% {B} l 1% (C) 12% {D} 13% (E) 14% @ May 2995 Com-3e 2 60 Joe deposits 1ﬂ1oday and another 30 in ﬁve years into a fund paying simple interest of 11% per year. Tina will make the some two deposits, but the it] will be deposited it years from today and the 30 will be deposited In years from today. Tina’s deposits earn an annual effective rate of9.15% . At the end of 10 years, the aooumutated ﬂl'ﬂDUIt‘i. of T ina’s deposits equals the accumulated amount of Joe’s deposits. Calculate n . (it) 1o (13} 2.3 (e) as (D) 2.9 {E} 3.2 May Eﬂﬂﬂ 37'. Course 2 A custarer Is offal-ed an immanent where interest is calculated assuming [0 [he fullnw'ing fame ofininresi: a. ﬁr { CLUE: 115:53 11345 3m. The customcr invasb‘ lﬂ-ﬂﬂ at tlmu: l= {II . Whanmminnl mt: nfintereal, nnmpnundud quarterly, is earned war [he ﬂrat Four—yam period? (A) 3.4 “PE. (a) 3.?% {C} 4.0% (D) 4.2% {E} 4.5% 38 CO May 2130!} ...
View Full Document

{[ snackBarMessage ]}