Thank you actuary.com and ACTEX! This news just made my day. I think I may smell a new calculator in my future.

I'm in the same boat. The good news is: If we don't make it this time, there's always next May! I've looked at some past exams (most recent ones as they deal with PPA), and they don't seem to be...

what are the additional actuarial assumptions for at-risk calculations for FT and TNC? I can match the FT and TNC calculations that are in the valuation software I'm using, but I'm not sure how it...

Denver Nuggets
Chris "The Birdman" Anderson

Well, if assets perform well in the 401(k), you're going to be way ahead in that plan. If they perform poorly, then the DB plan is better for the participant.

The healthiest way to look at it...

That is an awesome description! To put it in English instead of annuity: Discount interest once, not twice.

Personally, being able to take a 5 hour exam in two segments (or in two separate test sessions) is quite favorable. Also, MLC can be used as part of substitute for EA1.

I'm a career changer who recently started a job at a pension company. Worked overtime the last few weeks through the 10-15 IRS filing deadline for calendar year plans. I also have two kids under...

I passed too. I had to double check my eligibility number like 4 times just to make sure I was seeing it right. I agree with other posters that the scrolling down is a nerve-racking few seconds. ...

I'm trying to create macros to perform 2 functions. The first is to take various inside diameters (y-axis) and wall thicknesses (x-axis) for tubing to be shrunk on a mandrel. I'm creating this for a...

I look at the 5 pilot problems just as if you took 1 card from a deck of 52 and took it out before drawing one of the remaining 51 cards. It doesn't really change the probability of drawing a...

Similar situation, but I'm an older career changer. I passed P and am pretty sure I passed FM. I have an acquaintance who works for a consulting firm, and he says they've been overwhelmed with...

1) Have you started studying yet? (Still celebrating/mourning P?)
Yes

2) What is your learning style? ("Leisurely" absorption of material over a period of months or frantic, crazy-person,...

Anyone else, step in if this doesn't seem right. 55% return after 45% income tax paid makes return after tax of .55*.12=.066=6.6%, from which you subtract 10% yields -3.4%.

I'm wondering, does anyone know if the BPP FM study program teaches derivatives? If not, I'm probably going to use Dr. O's NEAS study manual, at least to begin with.

I too took the exam once and failed, but I passed this time. I used the ASM manual, and I felt a little overprepared, which boosted my confidence a bit. I'm not familiar with BPP. My advice is get a...

I did the SOA problems a little over a week ago, and I reviewed them last night before I took the exam this morning. I got ~90% on the SOA problems, and I'm pretty sure I got 80-87% on the exam...

(I passed!)^1000

(God is good all the time + Jesus Rocks!)^(1/x) Lim x=> 0+

Congratulations! I plan on posting here tomorrow too!:wink:

I was getting 50-65% on the harder ones. If I had been getting 70+% I would have passed. I was getting over 70%+ on 1-5 exams.

Sorry, brainfart.

As far as linear interpolation goes, you can estimate to the thousands place without actually performing the operation, but in each problem I've tried, just taking the number that is the closest...

If trouble on the ASM exams means you're averaging like 50-65%, then it's most likely going to be a struggle. That's about how I was doing when i sat in February, and I got a 4. If trouble means...

I'm sitting for my second attempt on Friday. After doing the ASM practice tests, I averaged~ 80%. Which I figured getting 70% or better was Sum from x=21 to x=30 (30 nCr x)*.8^x*.2^(30-x) ~ 94%. ...

If it's the question about the accidents in certain months, you're not alone, but after doing the question twice (unsuccessfully) I really studied the solution, and this is what I came up with. With...