STAT203 Financial Mathematics
Mid-Term Test, 15 February 2016
Instructions:
[1] This test paper contains fifteen (15) multiple-choice questions.
[2] Candidates must answer all questions.
[3] Each question carries equal mark.
[4] You have 90 minutes to wri

STAT203 Financial Mathematics
Assignment 1, Term 1, 2016 2017
To be handed in by: 26 August (Fri), 15:30
1. (a) Given r(2) = 5%, find the effective rate i.
(b) Given an effective rate of i = 5.26%, find r(6) .
(c) Given r(4) = 0.07, find d(2) .
(d) Find t

School of Economics
Academic Year 2016-17
Term 1
STAT203 Financial Mathematics
Instructor Name
Email
Tel
Office
: Tse Yiu Kuen
: yktse@smu.edu.sg
: 68280257
: 90-0577
COURSE DESCRIPTION
This is a compulsory course for the Second Major in Actuarial Science

Solution, Final Exam STAT203, April 2016
1. As no interest is paid on withdrawals on March 31 and September 30, these withdrawals have the same time value as withdrawals on Jan and June. Hence, we can
regard the withdrawals as semiannual at times, 0, 0.5,