krzysio

August 23rd 2008, 12:10 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise171.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise171.pdf

Yours,

Krzyś

View Full Version : Weekly Practice Exam "FM" Problems courtesy of Dr Krzysztof Ostaszewski

krzysio

August 23rd 2008, 12:10 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise171.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise171.pdf

Yours,

Krzyś

krzysio

August 23rd 2008, 10:43 PM

Since this is a frequent topic of discussion on this forum, I decided to write up my ideas on how to pass actuarial exams, and posted them here:

http://www.math.ilstu.edu/krzysio/pass.html

Please consider this, and I always welcome your opinions.

Yours,

Krzys'

http://www.math.ilstu.edu/krzysio/pass.html

Please consider this, and I always welcome your opinions.

Yours,

Krzys'

krzysio

August 30th 2008, 02:26 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise172.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise172.pdf

Yours,

Krzyś

krzysio

September 5th 2008, 07:46 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise173.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise173.pdf

Yours,

Krzyś

krzysio

September 5th 2008, 07:47 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise174.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise174.pdf

Yours,

Krzyś

krzysio

September 20th 2008, 10:33 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise175.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise175.pdf

Yours,

Krzyś

krzysio

September 27th 2008, 04:08 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise176.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise176.pdf

Yours,

Krzyś

krzysio

October 4th 2008, 01:33 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise177.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise177.pdf

Yours,

Krzyś

krzysio

October 11th 2008, 02:08 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise178.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise178.pdf

Yours,

Krzyś

krzysio

October 18th 2008, 01:40 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise179.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise179.pdf

Yours,

Krzyś

krzysio

October 25th 2008, 12:40 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise180.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise180.pdf

Yours,

Krzyś

kimmy

October 30th 2008, 09:56 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise153.pdf

Yours,

Krzyś

Dr., may i ask for exercise 153: why can't we use 5000 ä 20┐I /1.05 with I as -1.86915% ?

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise153.pdf

Yours,

Krzyś

Dr., may i ask for exercise 153: why can't we use 5000 ä 20┐I /1.05 with I as -1.86915% ?

krzysio

October 31st 2008, 12:15 AM

Dr., may i ask for exercise 153: why can't we use 5000 ä 20┐I /1.05 with I as -1.86915% ?

How would this be any better? Feel free to do the problem any way you want, but the direct method I showed is simpler, as I see it. And this is clear that your method is not simple, because your expression is wrong. It should be 5000 a angle 20 at negative interest rate derived from accumulation at 5% and discounting at 7%. Annuity immediate, not annuity due.

Yours,

Krzys'

How would this be any better? Feel free to do the problem any way you want, but the direct method I showed is simpler, as I see it. And this is clear that your method is not simple, because your expression is wrong. It should be 5000 a angle 20 at negative interest rate derived from accumulation at 5% and discounting at 7%. Annuity immediate, not annuity due.

Yours,

Krzys'

kimmy

October 31st 2008, 01:00 AM

How would this be any better? Feel free to do the problem any way you want, but the direct method I showed is simpler, as I see it. And this is clear that your method is not simple, because your expression is wrong. It should be 5000 a angle 20 at negative interest rate derived from accumulation at 5% and discounting at 7%. Annuity immediate, not annuity due.

Yours,

Krzys'

Thank you Dr. for your advise. Your method is indeed simpler. I thought the shortcut could be used here for payments with geometric progression. Guess I was confused.

Yours,

Krzys'

Thank you Dr. for your advise. Your method is indeed simpler. I thought the shortcut could be used here for payments with geometric progression. Guess I was confused.

krzysio

October 31st 2008, 01:13 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise181.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise181.pdf

Yours,

Krzyś

krzysio

October 31st 2008, 01:14 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise182.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise182.pdf

Yours,

Krzyś

krzysio

November 15th 2008, 11:40 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise183.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise183.pdf

Yours,

Krzyś

krzysio

November 21st 2008, 05:37 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise184.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise184.pdf

Yours,

Krzyś

krzysio

November 27th 2008, 03:39 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise185.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise185.pdf

Yours,

Krzyś

krzysio

December 5th 2008, 10:33 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise186.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise186.pdf

Yours,

Krzyś

krzysio

December 13th 2008, 11:05 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise187.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise187.pdf

Yours,

Krzyś

krzysio

December 21st 2008, 12:54 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise188.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise188.pdf

Yours,

Krzyś

krzysio

December 25th 2008, 03:20 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise189.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise189.pdf

Yours,

Krzyś

krzysio

December 25th 2008, 03:21 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise190.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise190.pdf

Yours,

Krzyś

krzysio

December 28th 2008, 12:15 AM

Could you provide the ftp address for anonymous batch file transfer?

No, thank you.

Yours sincerely,

Krzys' Ostaszewski

No, thank you.

Yours sincerely,

Krzys' Ostaszewski

krzysio

January 11th 2009, 02:03 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise191.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise191.pdf

Yours,

Krzyś

spade

January 14th 2009, 01:37 PM

Dr. O, on the SOA website, they have a different solution and a different answer for http://www.math.ilstu.edu/krzysio/KO-FM-Exercise180.pdf

For Joe's AV at the end of ten years, your equation is:

10(1+(10*.11)) + 30*[a(10)/a(5)] = 61.65

Joe's AV equation on the SOA solution is:

10(1+(10*.11)) + 30(1+(5*.11)) = 67.5

You even state in your solution that [1 + (5)(.11)] is the easy mistake to make. I bring this up not to correct you(or SOA), but to find out the right way to solve future investments with simple interest. Is SOA wrong?

For Joe's AV at the end of ten years, your equation is:

10(1+(10*.11)) + 30*[a(10)/a(5)] = 61.65

Joe's AV equation on the SOA solution is:

10(1+(10*.11)) + 30(1+(5*.11)) = 67.5

You even state in your solution that [1 + (5)(.11)] is the easy mistake to make. I bring this up not to correct you(or SOA), but to find out the right way to solve future investments with simple interest. Is SOA wrong?

krzysio

January 17th 2009, 04:37 PM

Please give the "SOA website" source.

Dr. O, on the SOA website, they have a different solution and a different answer for http://www.math.ilstu.edu/krzysio/KO-FM-Exercise180.pdf

For Joe's AV at the end of ten years, your equation is:

10(1+(10*.11)) + 30*[a(10)/a(5)] = 61.65

Joe's AV equation on the SOA solution is:

10(1+(10*.11)) + 30(1+(5*.11)) = 67.5

You even state in your solution that [1 + (5)(.11)] is the easy mistake to make. I bring this up not to correct you(or SOA), but to find out the right way to solve future investments with simple interest. Is SOA wrong?

Dr. O, on the SOA website, they have a different solution and a different answer for http://www.math.ilstu.edu/krzysio/KO-FM-Exercise180.pdf

For Joe's AV at the end of ten years, your equation is:

10(1+(10*.11)) + 30*[a(10)/a(5)] = 61.65

Joe's AV equation on the SOA solution is:

10(1+(10*.11)) + 30(1+(5*.11)) = 67.5

You even state in your solution that [1 + (5)(.11)] is the easy mistake to make. I bring this up not to correct you(or SOA), but to find out the right way to solve future investments with simple interest. Is SOA wrong?

krzysio

January 17th 2009, 04:37 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise192.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise192.pdf

Yours,

Krzyś

spade

January 17th 2009, 09:32 PM

It is at http://www.soa.org/files/pdf/mc_course2.pdf

Problem #1. Solutions are at the bottom of the page. Your way makes more logical sense, in my opinion.

Problem #1. Solutions are at the bottom of the page. Your way makes more logical sense, in my opinion.

krzysio

January 18th 2009, 02:40 PM

It is at http://www.soa.org/files/pdf/mc_course2.pdf

Problem #1. Solutions are at the bottom of the page. Your way makes more logical sense, in my opinion.

This is a posting of old exam 2, not exam FM. At that time, the question caused a lot of controversy, precisely for the reason you identified, and, to my best knowledge, SOA ended up accepting both answers, and never asking a question on this topic in such an unclear way again.

Yours,

Krzys'

Problem #1. Solutions are at the bottom of the page. Your way makes more logical sense, in my opinion.

This is a posting of old exam 2, not exam FM. At that time, the question caused a lot of controversy, precisely for the reason you identified, and, to my best knowledge, SOA ended up accepting both answers, and never asking a question on this topic in such an unclear way again.

Yours,

Krzys'

spade

January 18th 2009, 07:34 PM

This is a posting of old exam 2, not exam FM. At that time, the question caused a lot of controversy, precisely for the reason you identified, and, to my best knowledge, SOA ended up accepting both answers, and never asking a question on this topic in such an unclear way again.

Yours,

Krzys'

Thank you for clearing that up. As far as finding the accumulated value for a deposit at a time > 0, with simple interest, does SOA still accept both ways of doing it?

Yours,

Krzys'

Thank you for clearing that up. As far as finding the accumulated value for a deposit at a time > 0, with simple interest, does SOA still accept both ways of doing it?

krzysio

January 19th 2009, 02:00 AM

Thank you for clearing that up. As far as finding the accumulated value for a deposit at a time > 0, with simple interest, does SOA still accept both ways of doing it?

Looking for guarantees? Then you should be taking CPA exams. I stand by the method I presented in my solution. If there is controversy, I will support an appeal. But guarantees that all questions will be reasonable? Nobody can guarantee that.

Make sure that you understand what the controversy is about and make sure that you understand the method I presented. Good luck in your studies.

Yours,

Krzys'

Looking for guarantees? Then you should be taking CPA exams. I stand by the method I presented in my solution. If there is controversy, I will support an appeal. But guarantees that all questions will be reasonable? Nobody can guarantee that.

Make sure that you understand what the controversy is about and make sure that you understand the method I presented. Good luck in your studies.

Yours,

Krzys'

krzysio

January 24th 2009, 01:41 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise193.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise193.pdf

Yours,

Krzyś

krzysio

February 2nd 2009, 01:04 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise194.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise194.pdf

Yours,

Krzyś

krzysio

February 18th 2009, 01:45 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise195.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise195.pdf

Yours,

Krzyś

krzysio

February 18th 2009, 01:45 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise196.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise196.pdf

Yours,

Krzyś

krzysio

February 18th 2009, 01:47 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise197.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise197.pdf

Yours,

Krzyś

krzysio

February 21st 2009, 12:16 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise198.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise198.pdf

Yours,

Krzyś

cynthia edde

March 1st 2009, 01:56 AM

sir krzys

i'm an actuarial student, i'm planning to sit for the fm exam this may. i have your manual, but yet i can't open the pdf files you post, i don't know why . are these exercises you post included in your fm manual ??

thank you

i'm an actuarial student, i'm planning to sit for the fm exam this may. i have your manual, but yet i can't open the pdf files you post, i don't know why . are these exercises you post included in your fm manual ??

thank you

krzysio

March 2nd 2009, 11:59 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise199.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise199.pdf

Yours,

Krzyś

stine985

March 4th 2009, 04:51 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise194.pdf

Yours,

Krzyś

I have a question on exercise 194 (January 31, 2009 post)..You solve it as a perpetuity immediate, but isn't this question a perpetuity due? Or am I viewing reading the question wrong

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise194.pdf

Yours,

Krzyś

I have a question on exercise 194 (January 31, 2009 post)..You solve it as a perpetuity immediate, but isn't this question a perpetuity due? Or am I viewing reading the question wrong

krzysio

March 5th 2009, 03:49 AM

I have a question on exercise 194 (January 31, 2009 post)..You solve it as a perpetuity immediate, but isn't this question a perpetuity due? Or am I viewing reading the question wrong

My bad. I definitely meant to phrase the question with payments at the end of the appropriate period, because one does not issue bonds that pay coupons at the beginning of the period. I will correct this. Thank you for pointing this out.

Yours,

Krzys'

My bad. I definitely meant to phrase the question with payments at the end of the appropriate period, because one does not issue bonds that pay coupons at the beginning of the period. I will correct this. Thank you for pointing this out.

Yours,

Krzys'

krzysio

March 15th 2009, 12:51 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise200.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise200.pdf

Yours,

Krzyś

krzysio

March 23rd 2009, 02:29 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise201.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise201.pdf

Yours,

Krzyś

krzysio

April 2nd 2009, 08:07 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise202.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise202.pdf

Yours,

Krzyś

krzysio

April 2nd 2009, 08:08 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise203.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise203.pdf

Yours,

Krzyś

troydanielbecker

April 4th 2009, 06:26 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise203.pdf

Yours,

Krzyś

I got a link error on that one....

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise203.pdf

Yours,

Krzyś

I got a link error on that one....

isayni

April 4th 2009, 07:05 PM

In the practice examination #1 of your study manual (Fifth ed. Dec. 2008), the problem #27, you say a corporate income tax of 20%, but in the solution for the expected profit you wrote 0.5*(0.4*($120-$97.09*1.03))+0.5*($90-97.09*1.03). Shouldn't it be 0.8 instead of 0.4 since the tax rate is 20%?

Thanks

Thanks

krzysio

April 5th 2009, 12:19 AM

I got a link error on that one....

Some trouble with the server, corrected now.

Yours,

Krzys'

Some trouble with the server, corrected now.

Yours,

Krzys'

krzysio

April 5th 2009, 12:20 AM

In the practice examination #1 of your study manual (Fifth ed. Dec. 2008), the problem #27, you say a corporate income tax of 20%, but in the solution for the expected profit you wrote 0.5*(0.4*($120-$97.09*1.03))+0.5*($90-97.09*1.03). Shouldn't it be 0.8 instead of 0.4 since the tax rate is 20%?

Thanks

Typo. So sorry. Please check the errata:

http://www.math.ilstu.edu/krzysio/FM-Dec2008-Errata.pdf

Yours,

Krzys'

Thanks

Typo. So sorry. Please check the errata:

http://www.math.ilstu.edu/krzysio/FM-Dec2008-Errata.pdf

Yours,

Krzys'

isayni

April 5th 2009, 10:01 PM

In practice examination #1 (Dec. 2008 edition), exercise #27, you accumulated the cost of $97.97 with the effective rate of interest of 3%, so that the profit after one year uses a cost of 97.09*1.03 instead of $97.09. But in #32, the cost of $100 stays the same after one year, is it because the rate of interest here is a risk-free rate and coal production isn’t risk free so therefore we can’t apply this rate to accumulate the cost for one year?

Since we’re asked to find the after tax profit, shouldn’t the actual profit be (1-0.4)*393,000=$235,800 instead of $393,000?

Thanks.

Since we’re asked to find the after tax profit, shouldn’t the actual profit be (1-0.4)*393,000=$235,800 instead of $393,000?

Thanks.

krzysio

April 6th 2009, 12:10 AM

In practice examination #1 (Dec. 2008 edition), exercise #27, you accumulated the cost of $97.97 with the effective rate of interest of 3%, so that the profit after one year uses a cost of 97.09*1.03 instead of $97.09. But in #32, the cost of $100 stays the same after one year, is it because the rate of interest here is a risk-free rate and coal production isn’t risk free so therefore we can’t apply this rate to accumulate the cost for one year?

Since we’re asked to find the after tax profit, shouldn’t the actual profit be (1-0.4)*393,000=$235,800 instead of $393,000?

Thanks.

Please check the errata. Please e-mail me future questions.

Yours,

Krzys'

Since we’re asked to find the after tax profit, shouldn’t the actual profit be (1-0.4)*393,000=$235,800 instead of $393,000?

Thanks.

Please check the errata. Please e-mail me future questions.

Yours,

Krzys'

krzysio

April 6th 2009, 01:22 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise204.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise204.pdf

Yours,

Krzyś

krzysio

April 11th 2009, 02:31 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise205.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise205.pdf

Yours,

Krzyś

krzysio

April 11th 2009, 02:54 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise206.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise206.pdf

Yours,

Krzyś

krzysio

April 25th 2009, 03:53 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise207.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise207.pdf

Yours,

Krzyś

krzysio

April 25th 2009, 03:54 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise208.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise208.pdf

Yours,

Krzyś

krzysio

May 18th 2009, 12:14 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise209.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise209.pdf

Yours,

Krzyś

krzysio

May 24th 2009, 07:31 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise210.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise210.pdf

Yours,

Krzyś

krzysio

June 1st 2009, 01:21 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise211.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise211.pdf

Yours,

Krzyś

krzysio

June 8th 2009, 12:29 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise212.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise212.pdf

Yours,

Krzyś

krzysio

June 13th 2009, 08:14 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise213.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise213.pdf

Yours,

Krzyś

krzysio

June 20th 2009, 11:06 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise214.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise214.pdf

Yours,

Krzyś

krzysio

June 27th 2009, 09:51 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise215.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise215.pdf

Yours,

Krzyś

krzysio

July 4th 2009, 09:50 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise216.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise216.pdf

Yours,

Krzyś

akirika

July 4th 2009, 11:56 PM

just wondering, how are the difficulties of dr.o's questions compared to the real exam

krzysio

July 24th 2009, 07:42 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise217.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise217.pdf

Yours,

Krzyś

krzysio

July 24th 2009, 07:45 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise218.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise218.pdf

Yours,

Krzyś

krzysio

July 24th 2009, 07:46 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise219.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise219.pdf

Yours,

Krzyś

krzysio

August 1st 2009, 11:26 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise220.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise220.pdf

Yours,

Krzyś

krzysio

August 8th 2009, 08:18 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise221.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise221.pdf

Yours,

Krzyś

krzysio

August 15th 2009, 07:28 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise222.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise222.pdf

Yours,

Krzyś

krzysio

August 23rd 2009, 12:45 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise223.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise223.pdf

Yours,

Krzyś

krzysio

September 4th 2009, 10:48 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise224.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise224.pdf

Yours,

Krzyś

krzysio

September 4th 2009, 10:49 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise225.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise225.pdf

Yours,

Krzyś

krzysio

September 13th 2009, 12:35 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise226.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise226.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 12:16 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise227.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise227.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:36 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise228.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise228.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:37 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise229.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise229.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:38 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise230.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise230.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:38 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise231.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise231.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:39 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise232.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise232.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:40 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise233.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise233.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:40 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise234.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise234.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:41 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise235.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise235.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:41 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise236.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise236.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:42 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise237.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise237.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:43 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise238.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise238.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:44 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise239.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise239.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:45 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise240.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise240.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:45 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise241.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise241.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:46 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise242.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise242.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:47 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise243.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise243.pdf

Yours,

Krzyś

krzysio

September 20th 2009, 08:47 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise244.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise244.pdf

Yours,

Krzyś

Vypa

October 15th 2009, 12:48 PM

It is posted at

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise110.pdf

Yours sincerely,

Krzys' Ostaszewski

Krzys,

I was under the assumption that all T-Bills were priced discounted from face value. Thus, why do we not find the one-year spot discount rate and proceed from there in the solution provided above?

Thank you for your help.

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise110.pdf

Yours sincerely,

Krzys' Ostaszewski

Krzys,

I was under the assumption that all T-Bills were priced discounted from face value. Thus, why do we not find the one-year spot discount rate and proceed from there in the solution provided above?

Thank you for your help.

krzysio

October 16th 2009, 12:28 AM

Krzys,

I was under the assumption that all T-Bills were priced discounted from face value. Thus, why do we not find the one-year spot discount rate and proceed from there in the solution provided above?

Thank you for your help.

Please read the first sentence of the solution.

Yours,

Krzys'

I was under the assumption that all T-Bills were priced discounted from face value. Thus, why do we not find the one-year spot discount rate and proceed from there in the solution provided above?

Thank you for your help.

Please read the first sentence of the solution.

Yours,

Krzys'

Galina

November 1st 2009, 11:00 AM

Hello everyone!

I am new here, so I just figuring out how it all works. I have a question regarding the two types of invetment. For may homework, I have a problem that gives a table of different rates for several years. The table shows the year rates and the portfolio ones. After the first 3 years, the portfolio method is used. I am also given the amount of interest accumulated over the year 3. the question is to find one of the missing interest rates.

If this helps, this is question 34 in Kellison, in chapter 7.

Thank you.

I am new here, so I just figuring out how it all works. I have a question regarding the two types of invetment. For may homework, I have a problem that gives a table of different rates for several years. The table shows the year rates and the portfolio ones. After the first 3 years, the portfolio method is used. I am also given the amount of interest accumulated over the year 3. the question is to find one of the missing interest rates.

If this helps, this is question 34 in Kellison, in chapter 7.

Thank you.

Vypa

November 1st 2009, 09:39 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise68.pdf

Yours,

Krzys' Ostaszewski

Krzys, is "Regular" duration the same as Modified duration?

Thanks.

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise68.pdf

Yours,

Krzys' Ostaszewski

Krzys, is "Regular" duration the same as Modified duration?

Thanks.

drparliament

November 29th 2009, 04:04 AM

Krzys, is "Regular" duration the same as Modified duration?

Thanks.

I know it's been a month since this question, but I'll answer anyway. If by regular duration, you mean Macauley duration (usually symbolized D), then no. Modified duration = D/(1 + i)

Just wanted to say that if these problems are the ones I get on Wednesday, then God help me.

Thanks.

I know it's been a month since this question, but I'll answer anyway. If by regular duration, you mean Macauley duration (usually symbolized D), then no. Modified duration = D/(1 + i)

Just wanted to say that if these problems are the ones I get on Wednesday, then God help me.

drparliament

December 2nd 2009, 08:58 PM

Some of these questions must be from very old versions of the test.

mathrix

December 8th 2009, 12:10 AM

Hi Dr. Krzys,

How much is the latest ASM Study manual for Exam FM/2, including shipping to the Philippines?

Thank you so much.

How much is the latest ASM Study manual for Exam FM/2, including shipping to the Philippines?

Thank you so much.

krzysio

December 9th 2009, 12:06 AM

Hi Dr. Krzys,

How much is the latest ASM Study manual for Exam FM/2, including shipping to the Philippines?

This question does not belong in this forum, and it should be addressed to the authors of the ASM Manual for exam FM, or sellers. You can find information at the web site of the publisher:

http://www.studymanuals.com

The ASM Manual for exam FM is written by Hal Cherry and Rick Gorvett. I wrote the FM Manual distributed by the New England Actuarial Seminars.

Yours,

Krzys'

How much is the latest ASM Study manual for Exam FM/2, including shipping to the Philippines?

This question does not belong in this forum, and it should be addressed to the authors of the ASM Manual for exam FM, or sellers. You can find information at the web site of the publisher:

http://www.studymanuals.com

The ASM Manual for exam FM is written by Hal Cherry and Rick Gorvett. I wrote the FM Manual distributed by the New England Actuarial Seminars.

Yours,

Krzys'

krzysio

December 9th 2009, 12:10 AM

Some of these questions must be from very old versions of the test.

If any questions are from old actuarial examinations, those examinations are clearly identified, as they represent copyrighted property of the SOA and/or CAS. As for apparent suggestion that the question do not correspond to the current Course FM syllabus, you are clearly unfamiliar with the said syllabus.

Sincerely,

Krzys' Ostaszewski

If any questions are from old actuarial examinations, those examinations are clearly identified, as they represent copyrighted property of the SOA and/or CAS. As for apparent suggestion that the question do not correspond to the current Course FM syllabus, you are clearly unfamiliar with the said syllabus.

Sincerely,

Krzys' Ostaszewski

krzysio

December 9th 2009, 12:13 AM

Hello everyone!

I am new here, so I just figuring out how it all works. I have a question regarding the two types of invetment. For may homework, I have a problem that gives a table of different rates for several years. The table shows the year rates and the portfolio ones. After the first 3 years, the portfolio method is used. I am also given the amount of interest accumulated over the year 3. the question is to find one of the missing interest rates.

If this helps, this is question 34 in Kellison, in chapter 7.

Thank you.

This post does not belong in this forum.

Krzys'

I am new here, so I just figuring out how it all works. I have a question regarding the two types of invetment. For may homework, I have a problem that gives a table of different rates for several years. The table shows the year rates and the portfolio ones. After the first 3 years, the portfolio method is used. I am also given the amount of interest accumulated over the year 3. the question is to find one of the missing interest rates.

If this helps, this is question 34 in Kellison, in chapter 7.

Thank you.

This post does not belong in this forum.

Krzys'

drparliament

December 12th 2009, 12:59 PM

If any questions are from old actuarial examinations, those examinations are clearly identified, as they represent copyrighted property of the SOA and/or CAS. As for apparent suggestion that the question do not correspond to the current Course FM syllabus, you are clearly unfamiliar with the said syllabus.

Sincerely,

Krzys' Ostaszewski

Dr. Ostaszewski,

Thank you for responding to my post. I never suggested that all the questions do not correspond to the current syllabus, just some of them.

For example, in my studies, I did not find terms like "regular duration" or "macaulay dispersion", yet they appeared in questions and solutions here.

Dispersion is not listed as a topic in the syllabus http://www.soa.org/files/pdf/edu-2009-fall-exam-fm.pdf and the only types of duration listed on the syllabus are modified and macaulay.

My concern is that someone would read some of these questions in the lead up to the exam, like I did, and have a minor panic attack at being introduced to new topics for the first time.

Sincerely,

Krzys' Ostaszewski

Dr. Ostaszewski,

Thank you for responding to my post. I never suggested that all the questions do not correspond to the current syllabus, just some of them.

For example, in my studies, I did not find terms like "regular duration" or "macaulay dispersion", yet they appeared in questions and solutions here.

Dispersion is not listed as a topic in the syllabus http://www.soa.org/files/pdf/edu-2009-fall-exam-fm.pdf and the only types of duration listed on the syllabus are modified and macaulay.

My concern is that someone would read some of these questions in the lead up to the exam, like I did, and have a minor panic attack at being introduced to new topics for the first time.

Vypa

December 13th 2009, 05:14 PM

Dr. Ostaszewski,

Thank you for responding to my post. I never suggested that all the questions do not correspond to the current syllabus, just some of them.

For example, in my studies, I did not find terms like "regular duration" or "macaulay dispersion", yet they appeared in questions and solutions here.

Dispersion is not listed as a topic in the syllabus http://www.soa.org/files/pdf/edu-2009-fall-exam-fm.pdf and the only types of duration listed on the syllabus are modified and macaulay.

My concern is that someone would read some of these questions in the lead up to the exam, like I did, and have a minor panic attack at being introduced to new topics for the first time.

Remember, drparliament, Dr. O is providing these questions for free and he is not obligated to do so. Yeah, they're a lot harder than what you'll find on the actual exam, but I think that's his style - to over prepare you. I found working Dr. O's problems towards the end of my studying for both P and FM very helpful. I don't know if it was the best use of my time, but it was nice seeing fresh and challenging questions.

Thank you for responding to my post. I never suggested that all the questions do not correspond to the current syllabus, just some of them.

For example, in my studies, I did not find terms like "regular duration" or "macaulay dispersion", yet they appeared in questions and solutions here.

Dispersion is not listed as a topic in the syllabus http://www.soa.org/files/pdf/edu-2009-fall-exam-fm.pdf and the only types of duration listed on the syllabus are modified and macaulay.

My concern is that someone would read some of these questions in the lead up to the exam, like I did, and have a minor panic attack at being introduced to new topics for the first time.

Remember, drparliament, Dr. O is providing these questions for free and he is not obligated to do so. Yeah, they're a lot harder than what you'll find on the actual exam, but I think that's his style - to over prepare you. I found working Dr. O's problems towards the end of my studying for both P and FM very helpful. I don't know if it was the best use of my time, but it was nice seeing fresh and challenging questions.

krzysio

December 15th 2009, 12:08 AM

Dr. Ostaszewski,

Thank you for responding to my post. I never suggested that all the questions do not correspond to the current syllabus, just some of them.

For example, in my studies, I did not find terms like "regular duration" or "macaulay dispersion", yet they appeared in questions and solutions here.

Dispersion is not listed as a topic in the syllabus http://www.soa.org/files/pdf/edu-2009-fall-exam-fm.pdf and the only types of duration listed on the syllabus are modified and macaulay.

My concern is that someone would read some of these questions in the lead up to the exam, like I did, and have a minor panic attack at being introduced to new topics for the first time.

Current syllabus is here:

http://www.soa.org/files/pdf/edu-2010-spring-exam-fm.pdf

The syllabus covers immunization, including full immunization. If you do not want to learn, I promise I will not force you. You will have to compete with my students on the test, though.

Yours sincerely,

Krzys' Ostaszewski

Thank you for responding to my post. I never suggested that all the questions do not correspond to the current syllabus, just some of them.

For example, in my studies, I did not find terms like "regular duration" or "macaulay dispersion", yet they appeared in questions and solutions here.

Dispersion is not listed as a topic in the syllabus http://www.soa.org/files/pdf/edu-2009-fall-exam-fm.pdf and the only types of duration listed on the syllabus are modified and macaulay.

My concern is that someone would read some of these questions in the lead up to the exam, like I did, and have a minor panic attack at being introduced to new topics for the first time.

Current syllabus is here:

http://www.soa.org/files/pdf/edu-2010-spring-exam-fm.pdf

The syllabus covers immunization, including full immunization. If you do not want to learn, I promise I will not force you. You will have to compete with my students on the test, though.

Yours sincerely,

Krzys' Ostaszewski

krzysio

December 15th 2009, 12:10 AM

Remember, drparliament, Dr. O is providing these questions for free and he is not obligated to do so. Yeah, they're a lot harder than what you'll find on the actual exam, but I think that's his style - to over prepare you.

Thank you for your kind words, but in all fairness, I should express my opinion that over time both P and FM are becoming harder and seem to be converging to the level that I propose. I will have to start working on more difficult questions.

Yours,

Krzys'

Thank you for your kind words, but in all fairness, I should express my opinion that over time both P and FM are becoming harder and seem to be converging to the level that I propose. I will have to start working on more difficult questions.

Yours,

Krzys'

drparliament

December 15th 2009, 09:23 PM

Remember, drparliament, Dr. O is providing these questions for free and he is not obligated to do so. Yeah, they're a lot harder than what you'll find on the actual exam, but I think that's his style - to over prepare you. I found working Dr. O's problems towards the end of my studying for both P and FM very helpful. I don't know if it was the best use of my time, but it was nice seeing fresh and challenging questions.

Yeah, I'm actually glad that there are alternative questions. I simply noted that a few topics aren't worth studying, and when pressed, I replied with examples.

Yeah, I'm actually glad that there are alternative questions. I simply noted that a few topics aren't worth studying, and when pressed, I replied with examples.

drparliament

December 15th 2009, 09:55 PM

Current syllabus is here:

http://www.soa.org/files/pdf/edu-2010-spring-exam-fm.pdf

The syllabus covers immunization, including full immunization. If you do not want to learn, I promise I will not force you. You will have to compete with my students on the test, though.

Yours sincerely,

Krzys' Ostaszewski

Dr. Ostaszewski

Thanks, but further studying won't be necessary as I passed this on a quarter of the recommended study time (and also knowing nothing about macaulay dispersion :) .)

Too make a final comment:

I respectfully submit that these last few posts represent a generational break here between the revered "old guards" of the profession who might not be aware of how simplified the exams have gradually become over the years, and the younger generations with 1-3 exams who are unable to get interviews. Every one of my older professors used to talk up these exams like they were tough too (300+ study hours, "no one passes the first time", etc.)

http://www.soa.org/files/pdf/edu-2010-spring-exam-fm.pdf

The syllabus covers immunization, including full immunization. If you do not want to learn, I promise I will not force you. You will have to compete with my students on the test, though.

Yours sincerely,

Krzys' Ostaszewski

Dr. Ostaszewski

Thanks, but further studying won't be necessary as I passed this on a quarter of the recommended study time (and also knowing nothing about macaulay dispersion :) .)

Too make a final comment:

I respectfully submit that these last few posts represent a generational break here between the revered "old guards" of the profession who might not be aware of how simplified the exams have gradually become over the years, and the younger generations with 1-3 exams who are unable to get interviews. Every one of my older professors used to talk up these exams like they were tough too (300+ study hours, "no one passes the first time", etc.)

NoMoreExams

December 15th 2009, 10:28 PM

Not to hijack the thread even further but have you passed MLC and/or C?

drparliament

December 16th 2009, 08:11 PM

Not to hijack the thread even further but have you passed MLC and/or C?

Okay, fair enough, I haven't (nor have I attempted to.)

I meant to refer to the first two exams when I typed "the exams are becoming easier."

Okay, fair enough, I haven't (nor have I attempted to.)

I meant to refer to the first two exams when I typed "the exams are becoming easier."

krzysio

December 17th 2009, 07:54 PM

Dr. Ostaszewski

Thanks, but further studying won't be necessary as I passed this on a quarter of the recommended study time (and also knowing nothing about macaulay dispersion :) .)

That's OK, they will get you on the later exams.

I respectfully submit that these last few posts represent a generational break here between the revered "old guards" of the profession who might not be aware of how simplified the exams have gradually become over the years, and the younger generations with 1-3 exams who are unable to get interviews. Every one of my older professors used to talk up these exams like they were tough too (300+ study hours, "no one passes the first time", etc.)

300+ hours? Luxury! Of course exams were much tougher when I took them. We had to walk ten miles in snow storm uphill both ways to get the exam center and get back from it! And we had to study thousands of hours!

Yours,

Krzys'

Thanks, but further studying won't be necessary as I passed this on a quarter of the recommended study time (and also knowing nothing about macaulay dispersion :) .)

That's OK, they will get you on the later exams.

I respectfully submit that these last few posts represent a generational break here between the revered "old guards" of the profession who might not be aware of how simplified the exams have gradually become over the years, and the younger generations with 1-3 exams who are unable to get interviews. Every one of my older professors used to talk up these exams like they were tough too (300+ study hours, "no one passes the first time", etc.)

300+ hours? Luxury! Of course exams were much tougher when I took them. We had to walk ten miles in snow storm uphill both ways to get the exam center and get back from it! And we had to study thousands of hours!

Yours,

Krzys'

krzysio

January 23rd 2010, 01:10 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise245.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise245.pdf

Yours,

Krzyś

krzysio

February 1st 2010, 10:54 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise246.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise246.pdf

Yours,

Krzyś

krzysio

February 6th 2010, 09:55 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise247.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise247.pdf

Yours,

Krzyś

krzysio

February 13th 2010, 03:15 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise248.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise248.pdf

Yours,

Krzyś

jeffreyarambulo

February 13th 2010, 09:37 PM

thank you very much

krzysio

February 20th 2010, 10:25 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise249.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise249.pdf

Yours,

Krzyś

krzysio

March 1st 2010, 08:36 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise250.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise250.pdf

Yours,

Krzyś

krzysio

March 6th 2010, 05:45 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise251.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise251.pdf

Yours,

Krzyś

krzysio

March 13th 2010, 11:35 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise252.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise252.pdf

Yours,

Krzyś

krzysio

March 20th 2010, 10:46 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise253.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise253.pdf

Yours,

Krzyś

krzysio

March 28th 2010, 12:33 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise254.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise254.pdf

Yours,

Krzyś

aqua_dive_trek

March 28th 2010, 05:50 PM

[deleted by Irish Blues - see the 1st post of the thread regarding questions to problems in the ASM manual]

krzysio

March 29th 2010, 12:09 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise255.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise255.pdf

Yours,

Krzyś

krzysio

April 11th 2010, 04:03 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise256.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise256.pdf

Yours,

Krzyś

krzysio

April 26th 2010, 01:54 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise257.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise257.pdf

Yours,

Krzyś

krzysio

April 26th 2010, 01:54 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise258.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise258.pdf

Yours,

Krzyś

krzysio

May 2nd 2010, 01:39 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise259.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise259.pdf

Yours,

Krzyś

krzysio

May 6th 2010, 08:35 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise260.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise260.pdf

Yours,

Krzyś

krzysio

May 16th 2010, 12:43 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise261.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise261.pdf

Yours,

Krzyś

krzysio

May 22nd 2010, 07:01 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise262.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise262.pdf

Yours,

Krzyś

krzysio

May 30th 2010, 10:43 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise263.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise263.pdf

Yours,

Krzyś

krzysio

June 5th 2010, 09:45 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise264.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise264.pdf

Yours,

Krzyś

krzysio

June 14th 2010, 01:22 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise265.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise265.pdf

Yours,

Krzyś

krzysio

June 18th 2010, 11:28 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise266.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise266.pdf

Yours,

Krzyś

krzysio

June 26th 2010, 03:58 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise267.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise267.pdf

Yours,

Krzyś

krzysio

July 3rd 2010, 01:56 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise268.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise268.pdf

Yours,

Krzyś

krzysio

July 16th 2010, 11:20 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise269.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise269.pdf

Yours,

Krzyś

krzysio

July 16th 2010, 11:21 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise270.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise270.pdf

Yours,

Krzyś

krzysio

July 24th 2010, 01:31 AM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise271.pdf

Yours,

Krzyś

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise271.pdf

Yours,

Krzyś

krzysio

August 2nd 2010, 12:48 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise272.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise272.pdf

Yours,

Krzyś

krzysio

August 7th 2010, 06:37 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise273.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise273.pdf

Yours,

Krzyś

roshail khalid

August 12th 2010, 03:28 PM

It is posted at:

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise81.pdf

Yours,

Krzys' Ostaszewski

Hi Dr, there's a writing error in this question .

"The right-hand side equals $5 + $3 = $53, and the two are not equal, even though they

must be in the absence of arbitrage."

it should be " $50 + $3 = 53 "

thanks

ROSh

http://www.math.ilstu.edu/krzysio/KO-FM-Exercise81.pdf

Yours,

Krzys' Ostaszewski

Hi Dr, there's a writing error in this question .

"The right-hand side equals $5 + $3 = $53, and the two are not equal, even though they

must be in the absence of arbitrage."

it should be " $50 + $3 = 53 "

thanks

ROSh

krzysio

August 13th 2010, 12:33 AM

Hi Dr, there's a writing error in this question .

"The right-hand side equals $5 + $3 = $53, and the two are not equal, even though they

must be in the absence of arbitrage."

it should be " $50 + $3 = 53 "

thanks

ROSh

Thank you for pointing out the typo. Corrected now.

Yours,

Krzys'

"The right-hand side equals $5 + $3 = $53, and the two are not equal, even though they

must be in the absence of arbitrage."

it should be " $50 + $3 = 53 "

thanks

ROSh

Thank you for pointing out the typo. Corrected now.

Yours,

Krzys'

krzysio

August 16th 2010, 01:51 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise274.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise274.pdf

Yours,

Krzyś

krzysio

August 29th 2010, 07:30 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise275.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise275.pdf

Yours,

Krzyś

krzysio

August 29th 2010, 07:31 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise276.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise276.pdf

Yours,

Krzyś

krzysio

September 6th 2010, 01:03 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise277.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise277.pdf

Yours,

Krzyś

krzysio

September 13th 2010, 05:54 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise278.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise278.pdf

Yours,

Krzyś

intoronto

September 15th 2010, 04:22 PM

these are great. thank you for them.

krzysio

September 18th 2010, 06:34 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise279.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise279.pdf

Yours,

Krzyś

krzysio

September 26th 2010, 10:48 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise280.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise280.pdf

Yours,

Krzyś

krzysio

October 3rd 2010, 10:16 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise281.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise281.pdf

Yours,

Krzyś

krzysio

October 10th 2010, 11:10 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise282.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise282.pdf

Yours,

Krzyś

krzysio

October 16th 2010, 04:53 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise283.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise283.pdf

Yours,

Krzyś

krzysio

October 24th 2010, 09:19 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise284.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise284.pdf

Yours,

Krzyś

krzysio

October 31st 2010, 03:31 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise285.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise285.pdf

Yours,

Krzyś

krzysio

November 5th 2010, 10:01 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise286.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise286.pdf

Yours,

Krzyś

krzysio

November 14th 2010, 04:54 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise287.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise287.pdf

Yours,

Krzyś

krzysio

November 20th 2010, 12:28 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise288.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise288.pdf

Yours,

Krzyś

krzysio

November 26th 2010, 10:15 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise289.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise289.pdf

Yours,

Krzyś

krzysio

November 26th 2010, 10:16 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise290.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise290.pdf

Yours,

Krzyś

krzysio

November 26th 2010, 10:17 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise291.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise291.pdf

Yours,

Krzyś

krzysio

December 18th 2010, 01:52 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise293.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise293.pdf

Yours,

Krzyś

krzysio

January 8th 2011, 05:36 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise292.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise292.pdf

Yours,

Krzyś

krzysio

January 8th 2011, 05:37 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise294.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise294.pdf

Yours,

Krzyś

krzysio

January 10th 2011, 12:24 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise295.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise295.pdf

Yours,

Krzyś

krzysio

January 15th 2011, 10:36 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise296.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise296.pdf

Yours,

Krzyś

krzysio

January 23rd 2011, 07:27 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise297.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise297.pdf

Yours,

Krzyś

krzysio

January 30th 2011, 12:34 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise298.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise298.pdf

Yours,

Krzyś

krzysio

February 5th 2011, 07:05 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise299.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise299.pdf

Yours,

Krzyś

krzysio

February 13th 2011, 12:33 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise300.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise300.pdf

Yours,

Krzyś

krzysio

February 20th 2011, 07:43 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise301.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise301.pdf

Yours,

Krzyś

krzysio

February 26th 2011, 03:23 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise302.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise302.pdf

Yours,

Krzyś

krzysio

March 4th 2011, 11:50 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise303.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise303.pdf

Yours,

Krzyś

krzysio

March 12th 2011, 04:01 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise304.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise304.pdf

Yours,

Krzyś

krzysio

March 25th 2011, 12:06 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise305.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise305.pdf

Yours,

Krzyś

krzysio

March 26th 2011, 11:02 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise306.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise306.pdf

Yours,

Krzyś

krzysio

March 27th 2011, 12:02 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise307.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise307.pdf

Yours,

Krzyś

krzysio

April 11th 2011, 10:26 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise308.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise308.pdf

Yours,

Krzyś

krzysio

April 17th 2011, 10:15 AM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise309.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise309.pdf

Yours,

Krzyś

krzysio

April 23rd 2011, 10:32 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise310.pdf

Yours,

Krzyś

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise310.pdf

Yours,

Krzyś

dadado

May 7th 2011, 07:09 PM

It is posted at:

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise306.pdf

Yours,

Krzyś

Hi,

The answer choice C has extra "n" in 100nδ from the solution you derived.

http://math.illinoisstate.edu/krzysio/KO-FM-Exercise306.pdf

Yours,

Krzyś

Hi,

The answer choice C has extra "n" in 100nδ from the solution you derived.

krzysio

May 8th 2011, 09:05 PM

Hi,

The answer choice C has extra "n" in 100nδ from the solution you derived.

Typo. My apologies. Will correct promptly.

Yours,

Krzys'

The answer choice C has extra "n" in 100nδ from the solution you derived.

Typo. My apologies. Will correct promptly.

Yours,

Krzys'

Cygnewhite

May 9th 2011, 11:56 PM

Thank you for the practice questions!

dadado

May 10th 2011, 12:28 AM

Thank you for the practice questions!

Yes, I appreciate these questions very much. Thank you

Yes, I appreciate these questions very much. Thank you

krzysio

May 31st 2011, 12:24 PM

With a sad heart, I have to tell you all that I will not be able to post any new exercises. I am just too busy with my work. I will, however, keep all the past questions available as they had been posted over the last five years, and if additional practice problems are posted by the Society of Actuaries, I will post my model solutions to them. I still welcome questions about my practice problems and will answer them in this forum. Good luck to everyone in your studies.

Yours,

Krzys'

Yours,

Krzys'

simfarm

June 27th 2011, 06:10 PM

Hey, I am on a tight budget but desperately want practice exams. Would it be all right to just break your practice questions into 35-question chunks and treat them as practice exams?

Thanks,

Chris

PS: So far I've done the two old FM exams and SOA's sample problems... do you know where I can get other free practice exams?

Thanks,

Chris

PS: So far I've done the two old FM exams and SOA's sample problems... do you know where I can get other free practice exams?

Noman188

December 8th 2011, 12:32 PM

I have a question...

For 3 years you are given compound Interest, simple interest, simple discount, compound discount. Arrange in ascending order ?

Could anyone help me out to solve this...please

Thank you so much!!

For 3 years you are given compound Interest, simple interest, simple discount, compound discount. Arrange in ascending order ?

Could anyone help me out to solve this...please

Thank you so much!!

krzysio

April 11th 2013, 01:49 PM

I will teach an online class, Mathematics 280, covering Course FM/2 examination, this Summer 2013 semester, at Illinois State University. This is a regular academic class, not a seminar. Of course Illinois State University offers online seminars for P/1, FM/2, and MLC, as well, always open for registration, see http://smartURL.it/onlineactuary. If you want to find out more, please e-mail: actuary@IllinoisState.edu.

Yours sincerely,

Krzys' Ostaszewski

Yours sincerely,

Krzys' Ostaszewski

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