A Basic Course in the Theory of Interest and Derivatives
Markets:
A Preparation for the Actuarial Exam FM/2
Marcel B. Finan
Arkansas Tech University
c All Rights Reserved
Answer Key
2
3
The answer key manuscript is to help the reader to check his/her answ

Answers to the Final Fall 2011:
1. k = 0.041379586
2. L = OB0 = 752, K = 615.91, P R1 = 136.09, I1 = 37.60, .
3. X = 330.34 330
4. Proof
5. X = 8.92
6. Y = 13.55%
7. X = 175
m
8. (a) OB6 = OB6 = 7, 593.94
7, 526.79
m
(b) OB5 4 = 7, 572.94
6
9. P = 9, 379.

ACTU 256 / Fall 2015
Assignment 5
Due: Wednesday, December 1, 2015 (at the beginning of the
class)
Please note:
Students should submit their assignments before the beginning of class
on the announced due date. Late assignments will not be accepted.
Solu

ACTU 256 / Fall 2015
Assignment 4
Due: Wednesday, November 4, 2015 (at the beginning of the
class)
Please note:
Each student should submit their assignments before the beginning of
class on the announced due date. Late assignments will not be accepted.

ACTU 256 / Fall 2015
Assignment 3
Due: Wednesday, October 28, 2015 (beginning of the class)
Please note:
Each student should submit their assignments before the beginning of
class on the announced due date. Late assignments will not be accepted.
Solutio

ACTU 256 / Fall 2015
Assignment 2-Solutions
Due: Friday, October 2nd, 2015 (at the beginning of the class)
1. Payments of 150 each are made every 3 months from September 1, 2010 to
June 1, 2015, inclusive. For each of the following cases draw the time dia

ACTU 256 / Fall 2015
Assignment 1-Solutions
Due: Friday, September 25, 2015 (at the beginning of the class)
1. A bank started a new savings account on October 15, 2012, using the
accumulation function a(t) = p t2 + q t + r, where t is measured in years.
A

Concordia University
Department of Mathematics and Statistics
Course
ACTU
Number
256
Section(s)
All
Examination
Final Exam
Date
December 17th, 2013
Pages
9
Course Examiner
Ionica Groparu-Cojocaru
Special Instructions
1. Clearly indicate your First Name, L

Concordia University
Department of Mathematics and Statistics
Course
ACTU
Number
256
Section(s)
All
Examination
Final Exam
Date
December 17th, 2013
Pages
4
Course Examiner
Ionica Groparu-Cojocaru
Special Instructions
1. Clearly indicate your First Name, L

CONCORDIA UNIVERSITY
Course
Mathematics
Department of Mathematics & Statistics
Number
ACTU 256/2
Examination
Final
Date
December 2011
Section
A
Time
3 hours
Pages
3
Instructor
Ewa Duma
Special Instructions: Calculators permitted.
Marks are written before

ACTU 256 / Fall 2013
Assignment 5
Due: Friday, November 22, 2013 (at the beginning of the class)
Please note:
Each student should submit their assignments before the beginning of
class on the announced due date. Late assignments will not be accepted.
So